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Bill of materialsOre multipleLFP vs NMC exposureConvergence risk

Put it all together and a mid-size EV is the convergence point of about a dozen independent global chains, any one of which can stop the line.

13.1The bill of materials

MASS IN THE VEHICLE (log scale)ORE MOVED TO SUPPLY ITSteel900 kg1.8 t · 2×Aluminium280 kg1.4 t · 5×Copper70 kg35.0 t · 500×Graphite60 kg900 kg · 15×Nickel35 kg2.7 t · 77×Lithium (as LCE)40 kg12.0 t · 300×Manganese18 kg120 kg · 7×Cobalt9 kg3.0 t · 333×Phosphorus (LFP)30 kg400 kg · 13×Rare earth magnet1.6 kg1.6 t · 1000×Silver35 g250 kg · 7143×Copper is the extreme case: roughly 35 tonnes of rock moved for the 70 kg in the car.LFP chemistry removes nickel and cobalt entirely and adds phosphorus — a completely different exposure profile,not simply a cheaper one. Figures are approximate and vary widely with vehicle size and chemistry.
Figure 13.1Approximate, and it varies enormously with chemistry — an LFP vehicle carries no nickel or cobalt at all but more lithium per kWh and a great deal more phosphorus. The right-hand column is the one worth internalising: the ore tonnage moved to deliver each of these is one to three orders of magnitude larger than the material itself.

13.2The column worth internalising

Important

The right-hand column is the one worth internalising: the ore tonnage moved to deliver each of these materials is one to three orders of magnitude larger than the material itself.

Copper is the extreme case — roughly 35 tonnes of rock moved for the 70 kg in the car, a multiple of around 500.

13.3What chemistry choice actually changes

The figures are approximate and vary enormously with chemistry. An LFP vehicle carries no nickel or cobalt at all but more lithium per kWh and a great deal more phosphorus.

That is a completely different exposure profile, not simply a cheaper one. It removes the DRC and Indonesian dependencies and adds purified phosphoric acid, which competes with fertiliser production for the same rock — and, as chapter 14 shows, it makes the recycling economics substantially worse.

Quick check: test yourself

1.Which material in an EV has the largest gap between its mass and the rock behind it?

Show answer
Copper, at roughly 35 tonnes of material moved for 70 kg in the vehicle — a multiple of around 500. Lithium is next at roughly 12 tonnes for 40 kg of LCE. The general pattern is that ore tonnage runs one to three orders of magnitude above the material itself.

2.Is an LFP vehicle simply a cheaper version of an NMC one, materially speaking?

Show answer
No — it is a different exposure profile. It removes nickel and cobalt entirely, along with the DRC and Indonesian dependencies, and adds more lithium per kWh plus a great deal more phosphorus, which brings in purified phosphoric acid competing with fertiliser. It also makes recycling economics worse rather than better.

Chapter summary

Frequently asked questions

How much material is in an electric vehicle?+

Approximately, for a mid-size roughly 60 kWh car: about 900 kg of steel, 280 kg of aluminium, 70 kg of copper, 60 kg of graphite, 40 kg of lithium as LCE, 35 kg of nickel, 30 kg of phosphorus in an LFP pack, 18 kg of manganese, 9 kg of cobalt, 1.6 kg of rare earth magnet and 35 grams of silver. It varies enormously with chemistry and vehicle size.

Which material moves the most rock?+

Copper, by a wide margin — roughly 35 tonnes of material moved for the 70 kg in the car, a multiple of around 500. Lithium is next at roughly 12 tonnes for 40 kg. The general rule is that the ore tonnage behind each material runs one to three orders of magnitude larger than the material itself, which is the column worth internalising from the bill of materials.

Does LFP simply mean cheaper materials?+

No — it means a different exposure profile. An LFP vehicle carries no nickel and no cobalt at all, which removes the DRC and Indonesian exposure entirely. But it carries more lithium per kWh and a great deal more phosphorus, which brings in purified phosphoric acid and its competition with fertiliser production. It also changes the recycling economics substantially, and not for the better.

Reviewed by

SG

Sahil Goyal

Co-founder, Wingzman

LinkedIn
SG

Sourabh Goyal

Co-founder, Wingzman

LinkedIn

Ore to Vehicle is an original educational series on the battery and EV materials supply chain. Country shares, grades, prices and policy status are approximate, drawn from public reporting as of mid-2026, and move year to year — treat them as orders of magnitude rather than as a ledger, and verify before relying on them commercially.