This statistic shows the current and projected demand scenario for praseodymium used for electric traction motors in the European Union (EU), broken down by vehicle type. The greatest demand share for the rare earth element was driven by plug-in hybrid electric vehicles, at an estimated 140 metric tons by 2030. Demand for other rare earth elements used in traction motors, like dysprosium and neodymium were also expected to increase significantly.
Forecasted demand for praseodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type
(in metric tons)
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Statista. (November 8, 2018). Forecasted demand for praseodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1015502/electric-vehicle-traction-motor-praseodymium-demand-forecast-eu/
Statista. "Forecasted demand for praseodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons)." Chart. November 8, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1015502/electric-vehicle-traction-motor-praseodymium-demand-forecast-eu/
Statista. (2018). Forecasted demand for praseodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1015502/electric-vehicle-traction-motor-praseodymium-demand-forecast-eu/
Statista. "Forecasted Demand for Praseodymium Used for Electric Vehicle Traction Motors in The European Union (Eu) in 2015 and 2030, by Vehicle Type (in Metric Tons)." Statista, Statista Inc., 8 Nov 2018, https://www.statista.com/statistics/1015502/electric-vehicle-traction-motor-praseodymium-demand-forecast-eu/
Statista, Forecasted demand for praseodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons) Statista, https://www.statista.com/statistics/1015502/electric-vehicle-traction-motor-praseodymium-demand-forecast-eu/ (last visited December 22, 2024)
Forecasted demand for praseodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons) [Graph], Statista, November 8, 2018. [Online]. Available: https://www.statista.com/statistics/1015502/electric-vehicle-traction-motor-praseodymium-demand-forecast-eu/
