Copper Crunch Ended in 2022 when Musk announced by raising the voltage from 12 volt to 48 volts will eliminate copper supply crunch.
All the auto manufactures will follow the savings
Copper gained only 2% last year, following a 14% decline in 2022. So far this year, the base metal’s price is little changed, with a metric ton of copper costing around $8,600, according to prices on the London Metal Exchange.
For more than seven decades, the 12-volt automobile power system has been the dominant force in the industry. However, 48-volt alternatives have started to break through this stronghold. The versions with a larger power output have a number of benefits, one of which is the capability to provide significantly higher levels of power across wiring harnesses that are thinner, lighter, and more affordable. Due to the fact that these systems do not have to satisfy the more strict safety and performance standards that govern so-called high-voltage systems that are rated for more than 62 V, the implementation of such systems is also relatively inexpensively done.
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