Russia's invasion of Ukraine is ramping up the price of metals used in cars, from aluminium in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries, and drivers are likely to foot the bill.
While metals have not been the target of Western sanctions yet, some shippers and autoparts suppliers are already steering clear of Russian goods, putting more pressure on carmakers already reeling from a chip shortage and higher energy prices.
The Aluminum Association announced today the release of a new technology roadmap that details short-, mid- and long-term research and development (R&D) priorities in support of its automotive customers. The 2022 Roadmap for Automotive Aluminum identifies pathways and prioritizes opportunities for critical collaboration among aluminum suppliers, recyclers, automakers, policymakers, non-governmental organizations and other industry stakeholders to drive innovation throughout the next decade.
