Connect with us

Electrification

EVs vs. Gas Vehicles: What Are Cars Made Out Of?

Published

on

What are Cars Made Out of? Electric Vehicles vs Gas Cars

EVs vs. Gas Vehicles: What Are Cars Made Out Of?

Electric vehicles (EVs) require a wider range of minerals for their motors and batteries compared to conventional cars.

In fact, an EV can have up to six times more minerals than a combustion vehicle, making them on average 340 kg (750 lbs) heavier.

This infographic, based on data from the International Energy Agency (IEA), compares the minerals used in a typical electric car with a conventional gas car.

Editor’s note: Steel and aluminum are not shown in analysis. Mineral values are for the entire vehicle including batteries and motors.

Batteries Are Heavy

Sales of electric cars are booming and the rising demand for minerals used in EVs is already posing a challenge for the mining industry to keep up. That’s because, unlike gas cars that run on internal combustion engines, EVs rely on huge, mineral-intensive batteries to power the car.

For example, the average 60 kilowatt-hour (kWh) battery pack—the same size that’s used in a Chevy Bolt—alone contains roughly 185 kilograms of minerals, or about 10 times as much as in a typical car battery (18 kg).

Lithium, nickel, cobalt, manganese, and graphite are all crucial to battery performance, longevity, and energy density. Furthermore, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.

Out of the eight minerals in our list, five are not used in conventional cars: graphite, nickel, cobalt, lithium, and rare earths.

MineralContent in electric vehicles (kg)Content in conventional cars (kg)
Graphite (natural and synthetic)66.30
Copper53.222.3
Nickel39.90
Manganese24.511.2
Cobalt13.30
Lithium8.90
Rare earths0.50
Zinc0.10.1
Others0.30.3

Minerals listed for the electric car are based on the IEA’s analysis using a 75 kWh battery pack with a NMC 622 cathode and graphite-based anode.

Since graphite is the primary anode material for EV batteries, it’s also the largest component by weight. Although materials like nickel, manganese, cobalt, and lithium are smaller components individually, together they make up the cathode, which plays a critical role in determining EV performance.

Although the engine in conventional cars is heavier compared to EVs, it requires fewer minerals. Engine components are usually made up of iron alloys, such as structural steels, stainless steels, iron base sintered metals, as well as cast iron or aluminum alloyed parts.

EV motors, however, often rely on permanent magnets made of rare earths and can contain up to a mile of copper wiring that converts electric energy into mechanical energy.

The EV Impact on Metals Markets

The growth of the EV market is not only beginning to have a noticeable impact on the automobile industry but the metals market as well.

EVs and battery storage have already displaced consumer electronics to become the largest consumer of lithium and are set to take over from the stainless steel industry as the largest end-user of nickel by 2040.

In 2021 H2, 84,600 tonnes of nickel were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, 59% more than in 2020 H2. Moreover, another 107,200 tonnes of lithium carbonate equivalent (LCE) were deployed globally in new EV batteries, an 88% increase year-on-year.

With rising government support and consumers embracing electric vehicles, securing the supply of the materials necessary for the EV revolution will remain a top priority.

Click for Comments

Electrification

Charted: Battery Capacity by Country (2024-2030)

This graphic compares battery capacity by cathode type across major countries.

Published

on

This graphic, using exclusive data from Benchmark Mineral Intelligence, compares battery capacity by cathode type across major countries.

Charted: Battery Capacity by Country (2024-2030)

As the global energy transition accelerates, battery demand continues to soar—along with competition between battery chemistries.

According to the International Energy Agency, in 2024, electric vehicle sales rose by 25% to 17 million, pushing annual battery demand past 1 terawatt-hour (TWh)—a historic milestone.

This graphic, using exclusive data from Benchmark Mineral Intelligence (as of February 2025), compares battery capacity by cathode type across major countries. It focuses on the two dominant chemistries: Nickel Cobalt Manganese (NCM) and Lithium Iron Phosphate (LFP).

Understanding Cathode Chemistries

Batteries store and release energy through the movement of lithium ions. The cathode—a key electrode—determines a battery’s cost, range, and thermal performance.

NCM

  • Offers higher energy density and better performance in cold climates, but is more expensive and has a shorter lifespan.

LFP

  • Known for its lower cost and improved thermal stability, though it delivers a shorter driving range and adds weight.

As of now, LFP cathodes make up 40% of the EV market in terms of gigawatt-hours (GWh).

Beyond passenger vehicles, LFP batteries are widely used in systems that undergo frequent charging and discharging—like residential and grid-scale energy storage—where added weight isn’t a major concern. They’re also ideal for daily-use applications such as buses and delivery fleets.

Regional Market Trends

In China, LFP is already dominant, accounting for 64% of the market in 2024. By 2030, that figure is projected to grow to 76%, driven by a focus on affordability in the world’s largest EV market. Notably, over 70% of all EV batteries ever manufactured have been produced in China, contributing to deep manufacturing expertise.

Region/CountryYear% NCM% LFP% Other
China202427%64%8%
North America202471%7%22%
Europe202469%8%24%
South Korea202462%4%35%
Japan202458%0%42%

Outside of China, NCM remains the leading chemistry due to consumer demand for longer range and premium performance.

North America – NCM holds a 71% share in 2024, with a slight decline to 69% forecasted for 2030.

Europe – NCM’s share is expected to grow from 69% in 2024 to 71% by 2030.

South Korea and Japan – Both countries show similar trends, with NCM gaining share as LFP remains limited or absent.

Continue Reading

Electrification

Top 20 Countries by Battery Storage Capacity

China holds about two-thirds of global BESS capacity.

Published

on

This graphic highlights the top 20 battery storage capacity markets by current and planned grid capacity in gigawatt hour (GWh).

Visualizing the Top 20 Countries by Battery Storage Capacity

Over the past three years, the Battery Energy Storage System (BESS) market has been the fastest-growing segment of global battery demand. These systems store electricity using batteries, helping stabilize the grid, store renewable energy, and provide backup power.

In 2024, the market grew by 52%, compared to 25% growth in the EV battery market. Among the top companies in the BESS market are technology giants such as Samsung, LG, BYD, Panasonic, and Tesla.

This graphic highlights the top 20 BESS markets by current and planned grid capacity in gigawatt hour (GWh), based on exclusive data from Rho Motion as of February 2025.

Chinese Dominance

As with the EV market, China currently dominates global BESS deployments, accounting for approximately two-thirds of installed capacity. However, other markets are expected to grow significantly in the coming years, driven by low-cost lithium-ion cells and the expansion of renewable energy capacity.

Currently, China has 215.5 GWh of installed capacity and an ambitious 505.6 GWh project pipeline. The U.S. follows with 82.1 GWh installed and 162.5 GWh planned.

Top BESS MarketsInstalled 2024 (GWh)2027P
🇨🇳 China215.5721.2
🇺🇸 USA82.1244.6
🇬🇧 UK7.556.3
🇦🇺 Australia5.6102.9
🇨🇱 Chile3.841.0
🇮🇹 Italy2.27.9
🇸🇦 Saudi Arabia1.332.4
🇿🇦 South Africa1.39.4
🇮🇪 Ireland1.62.5
🇵🇭 Philippines1.06.1
🇯🇵 Japan1.05.0
🇩🇪 Germany1.06.2
🇰🇷 South Korea1.11.3
🇮🇱 Israel0.84.6
🇫🇷 France0.61.8
🇧🇪 Belgium0.75.3
🇺🇿 Uzbekistan0.65.9
🇸🇪 Sweden0.61.5
🇮🇳 India0.54.3
🇨🇦 Canada0.318.3

Canada is projected to be the fastest-growing market through 2027, with its cumulative capacity hitting 18.3 GWh—a significant increase from its current 0.3 GWh capacity.

Countries such as Australia (97.3 GWh pipeline), Saudi Arabia (31.1 GWh), and Chile (37.2 GWh) have relatively small current installations but plan substantial expansions. Within Europe, the UK leads with 7.5 GWh of installed capacity and 48.7 GWh in the pipeline, while Italy, Germany, France, and Belgium show steady but more modest growth.

Despite being technological leaders, Japan (4 GWh pipeline) and South Korea (0.3 GWh) have relatively low planned BESS expansions.

According to Rho Motion, China will remain the dominant player in 2027, but its share of the total market is expected to decline to just over 50% based on the current project pipeline.

While the BESS market is expanding, challenges remain, including grid connection bottlenecks and the development of revenue streams in emerging markets.

Continue Reading

Subscribe

Popular