How your next electric car will reshape the global rubber business — Ahmad Ibrahim (opens original article in a new tab)
The rise of electric vehicles is transforming the global tyre industry, increasing demand for natural rubber while also requiring synthetic rubber for durability and noise reduction, leading to potential changes in supply chains and livelihoods.
- Electric vehicles are changing the demand for natural and synthetic rubber in tyre production
- Natural rubber is favored for low rolling resistance but synthetic rubber is needed for durability and noise reduction
- The shift may lead to higher quality requirements and potential consolidation in the natural rubber industry
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