The rapid shift toward electric vehicles, renewable energy, and smart technology is driving a sharp rise in global copper demand. In India, EV sales grew by 16.9% in the 2025 financial year, while solar power generation is projected to reach 296 GW by 2030, requiring massive copper usage. From electric cars that use up to four times more copper than traditional vehicles to smartphones made with nearly 12% copper by body mass, the metal is becoming central to modern infrastructure. Analysts suggest this growing dependence could significantly boost copper-related stocks over the next five years.
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