What do EVs have in store for MWFs?
While there has been quite a bit of focus on how electric vehicle (EV) adoption will impact demand for engine oils, much less has been said about the effect on other lubricants. With fewer machined engine parts, EVs will require significantly less metalworking fluids (MWFs) to produce than internal combustion engine vehicles. Using data from an exclusive study by the Independent Lubricant Manufacturers Association on the impact of EVs on lubricants, this talk will shed light on the resulting decrease in MWF demand as well as new opportunities for coolants and other fluids required for EVs, particularly in Asia.
