Palladium has no place in an electric vehicle. Ideally, we could move right away to electric cars, buses and trains, but that is neither practical nor realistic.
Palladium, Once The Cheapest Major Precious Metal, Rocketed From Less Than $500 An Ounce In 2016 To Above $3,400 Last March, Leaving Platinum And Gold For Dust.
According To Analysts At Macquarie, Demand For Both Platinum And Palladium From The Auto Sector Will Start Falling Beyond 2025.
With over 40% of platinum and palladium demand coming from automotive catalytic converters and the market for new electric vehicles rapidly maturing, platinum.
Published On May 24, 2022.
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Rising Ev Production Is A Headwind To Palladium Demand.
Indeed, electric cars will account for 14 percent of global car sales by 2025, according to the ubs, while the bloomberg argues that electric vehicles will reach 54 percent of new car sales by.
Published On May 24, 2022.
As the world shifts to evs, the demand for palladium may fall gradually in the years to come.
