This statistic shows the current and projected demand scenario for dysprosium used for electric traction motors in the European Union (EU), broken down by vehicle type. By 2030, demand for the rare earth element used in plug-in hybrid electric vehicles was forecast to amount to 135 metric tons. Other rare earth elements like neodymium and praseodymiumused for electric traction motors would also see dramatic increases in demand.
Forecasted demand for dysprosium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type
(in metric tons)
Characteristic
Battery electric vehicles
Plug-in hybrid electric vehicles
Hybrid electric vehicles
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Statista. (November 8, 2018). Forecasted demand for dysprosium 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 July 22, 2024, from https://www.statista.com/statistics/1015504/electric-vehicle-traction-motor-dysprosium-demand-forecast-eu/
Statista. "Forecasted demand for dysprosium 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 July 22, 2024. https://www.statista.com/statistics/1015504/electric-vehicle-traction-motor-dysprosium-demand-forecast-eu/
Statista. (2018). Forecasted demand for dysprosium 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: July 22, 2024. https://www.statista.com/statistics/1015504/electric-vehicle-traction-motor-dysprosium-demand-forecast-eu/
Statista. "Forecasted Demand for Dysprosium 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/1015504/electric-vehicle-traction-motor-dysprosium-demand-forecast-eu/
Statista, Forecasted demand for dysprosium 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/1015504/electric-vehicle-traction-motor-dysprosium-demand-forecast-eu/ (last visited July 22, 2024)
Forecasted demand for dysprosium 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/1015504/electric-vehicle-traction-motor-dysprosium-demand-forecast-eu/