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TAWIN: Enters into EV Market, where EV Copper Demand may potentially rise by 9-FOLD by 2027

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Publish date: Fri, 07 May 2021, 10:50 AM
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1. Tawin Enters into Electric Vehicle Market as subsidiary appointed Global Vendor

Copper product manufacturer Ta Win Holdings Bhd has ventured into the global electric vehicle (EV) market, following the appointment of its subsidiary Cyprium Wire Technology Sdn Bhd (CWT) as a global vendor in international technology and mobility company Aptiv plc’s global automotive supply chain.

Source: The Edge Markets

 

 

2. Tawin's subsidiary, Cyprium Wire Technology Sdn Bhd, to be the vendor for Aptiv PLC's global automotive supply chain


Source: New Straits Times

 

Who is Aptiv?

An EV Supplier Company.

Source: The Street


3.

 

Aptiv, confident in 2021 Outlook - its Share Price near All-Time High

Source: Aptiv.com

 

Source: Google


3. EV Copper Demand to rise 9-fold by 2027

The growing market for electric vehicles (EVs) is expected to fuel a nine-fold increase in copper demand by 2027, according to a report written by consulting firm IDTechEx and commissioned by the International Copper Assn.

Source: metalbulletin.com
 

Copper is an essential material component of electric vehicles (EVs). It is used in the electric motors, batteries, inverters, wiring and in charging stations because of its durability, malleability, reliability and superior electrical conductivity.
 


Source: copper.org
 
 

4. Copper Demand in EV, DBS Bank

Source: DBS Asian Insights
 


5. TAWIN, a leading Malaysian copper producer listed on Bursa Malaysia

Cables have been used in various industries, including automotive cables.


Source: ta-win.com


 

Disclaimer:
The information above provides general information and extracted from publicly available information (with the source of informatoin attached) and does not have regard to any specific investment objective, financial situation, or any particular need. It does not constitute any recommendation to buy or sell.

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1 person likes this. Showing 3 of 3 comments

Blackwater

Appreciate your detailed research gemfinder89, let's go to the moon together

2021-05-07 11:39

greedy44

Never trust too good to be true story in i3...99% are fake hope !

2021-05-07 19:37

Youghin

but this was published by NST

2021-05-11 08:41

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