Photo Credit: Fair Use [17 U.S.C. § 107] The automotive sector accounts for roughly 6% of global steel demand and 17% of aluminium demand, with even higher proportions in major automotive economies.
IEA: What Comes Next for EVs in the Automotive Landscape?
22 Jan 2026 | Abstracted from EV Magazine
The IEA says EVs are reshaping the auto industry as global car sales near 80 million, driven by a 30% jump in hybrid and electric models. Pure gasoline and diesel sales have fallen 30% since 2017. China leads EV production and demand, while shifting supply chains and new regional manufacturing hubs redefine how and where cars are built, signaling a long‑term structural transformation.
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