Forecasted demand for neodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type
(in metric tons)
Characteristic
Battery electric vehicles
Plug-in hybrid electric vehicles
Hybrid electric vehicles
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This statistic shows the current and projected demand scenario for neodymium used for electric traction motors in the European Union (EU), broken down by vehicle type. Overall demand for the rare earth element was expected to increase by *** percent between 2015 and 2030, with plug-in hybrid electric vehicles making up the largest share. Demand forecasts for praseodymium and dysprosium were expected to follow similar trends.
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ÌÇÐÄÆƽâ°æ. (November 8, 2018). Forecasted demand for neodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1015500/electric-vehicle-traction-motor-neodymium-demand-forecast-eu/
ÌÇÐÄÆƽâ°æ. "Forecasted demand for neodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons)." Chart. November 8, 2018. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1015500/electric-vehicle-traction-motor-neodymium-demand-forecast-eu/
ÌÇÐÄÆƽâ°æ. (2018). Forecasted demand for neodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1015500/electric-vehicle-traction-motor-neodymium-demand-forecast-eu/
ÌÇÐÄÆƽâ°æ. "Forecasted Demand for Neodymium Used for Electric Vehicle Traction Motors in The European Union (Eu) in 2015 and 2030, by Vehicle Type (in Metric Tons)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 8 Nov 2018, /statistics/1015500/electric-vehicle-traction-motor-neodymium-demand-forecast-eu/
ÌÇÐÄÆƽâ°æ, Forecasted demand for neodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons) ÌÇÐÄÆƽâ°æ, /statistics/1015500/electric-vehicle-traction-motor-neodymium-demand-forecast-eu/ (last visited July 29, 2026)
Forecasted demand for neodymium used for electric vehicle traction motors in the European Union (EU) in 2015 and 2030, by vehicle type (in metric tons) [Graph], ÌÇÐÄÆƽâ°æ, November 8, 2018. [Online]. Available: /statistics/1015500/electric-vehicle-traction-motor-neodymium-demand-forecast-eu/
