BlackRock's Hambro Says My Next Car Will Be Electric

The video discusses China's significant investment in clean energy and its implications for the electric vehicle (EV) market. It highlights the strategic investments in battery materials and the structural demand growth for certain commodities. The role of major companies in the EV market and the challenges of financing lithium production are explored. The video also predicts future trends in the auto industry, emphasizing the shift towards electric cars and the evolving battery technology.

What was the percentage increase in China's spending on clean energy last year?

• 28%

• 38%

• 48%

• 58%

Why is it difficult for lithium producers to get financing today?

• Lithium is not considered a valuable commodity.

• The demand for lithium is decreasing.

• Banks do not lend to lithium companies currently.

• There is an oversupply of lithium in the market.

What is a potential future development that could help lithium producers secure financing?

• Reduction in production costs

• Increased government subsidies

• Development of a futures market

• Partnerships with electric vehicle manufacturers

What is the expected trend for the next car purchase according to the speaker?

• It will be a hybrid car.

• It will be an electric car.

• It will be a gasoline car.

• It will be a diesel car.

What is a safe way to invest in the electric vehicle trend according to the speaker?

• Investing in upstream material production

• Investing in traditional fuel companies

• Investing in electric vehicle manufacturing

• Investing in downstream battery production