Navigating the shifting EV landscape, fears rise from recent auto ownership study

Recent trends indicate a growing number of electric vehicle (EV) owners are considering switching back to gas vehicles. This shift, driven by a variety of factors, has significant implications for the recycled metals industry, and understanding these trends and their impact on metal demand is crucial for stakeholders. We are already noticing the market reacting as Umicore lowers forecasts in sluggish EV market.

EV ownership trends