David Shapiro on profiting from electric car boom, Naspers and fuel cells

David Shapiro takes a closer look at the impact of the electric car revolution and lets us in on what he is thinking about investable opportunities right now.
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South Africa's favourite market commentator David Shapiro takes a closer look at the impact of the electric car revolution and lets us in on what he is thinking about investable opportunities right now โ€“ and why he is soon going to sneak away to read the full Naspers annual report. โ€“ Alec Hogg

David Shapiro is with us on the line now โ€“ talking about markets, investments and so on. I want to kick off with a rather different note. I got an email today from Wood Mackenzie. They've done an analysis on how electric cars are going to impact the demand for metals โ€“ cobalt, lithium and nickel. According to their perspective are going to hit supply crunches in the mid 2020's. It reminds me of an annual general meeting a few years ago with Glencore when your old friend Ivan Glasenberg said that this was how they were repositioning themselves for electric cars and of course the share price of Glencore rose very sharply thereafter. Are we understanding the story well enough yet.

___STEADY_PAYWALL___

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