Global Aluminum for New Energy Vehicles Market to Reach USD 25.4...

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2026-06-09 08:59:23 -

Global Aluminum for New Energy Vehicles Market to Reach USD 25.4 Billion by 2034 as EV Lightweighting Accelerates

Global Aluminum for New Energy Vehicles (NEV) market was valued at USD 12.8 billion in 2025 and is projected to reach USD 25.4 billion by 2034, exhibiting a robust CAGR of 7.8% during the forecast period. Aluminum used in new energy vehicles refers to specialized lightweight, high-strength alloys engineered specifically for electric vehicles (EVs), including battery electric vehicles (BEVs)...

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