The role of copper in battery electric vehicles (BEVs) is shifting as automakers aim to reduce costs by lowering copper intensity. Currently, BEVs average nearly 70 kg of copper per vehicle, crucial for components such as battery foils and wiring. However, Benchmark estimates indicate a potential reduction of 38 kg per vehicle by 2030 due to material substitutions and efficiency improvements. Despite these cuts, the overall demand for copper from the EV sector is projected to increase significantly, with a forecasted 177% rise in demand by 2030, reaching 2.5 million tonnes annually as BEV production and charging infrastructure expand.