The market for electric bicycles in China, the world’s biggest consumer and producer of lead, is nearing a peak, according CHR Metals Ltd., a lead and zinc consulting company in Godalming, England.
Two- and three-wheeler e-bikes account for more than half of all lead consumption in China and about 20 percent of global demand, Huw Roberts, a founder of CHR Metals, said at a Metal Bulletin conference in Istanbul today. The nation used 4.63 million metric tons of refined lead last year, or 44 percent of global demand, Standard Bank Plc says. Batteries are the biggest use for the metal.
