Electric Vehicle Revolution: Game Over For Petrol/Diesel Vehicles

We invited Mike Beck, founder and Managing Director of Regent Advisors LLC, for a chat on SBTV about investment opportunities in the electric vehicle megatrend. He was the right person to ask as he turned $4m into $2.5b when he spotted the opportunity in uranium in 2007. Now, Mike has his sights set on the electric vehicle revolution as the next big trend that would have a massive impact on electric vehicle battery metals such as lithium, nickel and cobalt. Mike was a Managing Director at N M Rothschild & Sons with responsibility for the firm’s mining, oil and gas advisory and investment activities.

Discussed in this interview:

  • 01:28 Spotting the next big trend.
  • 04:25 Electric vehicles to be cheaper than internal combustion engine vehicles.
  • 07:19 Electric vehicles are simpler and faster to build.
  • 14:21 Overview of nickel market: class I & II nickel
  • 17:33 Battery production only uses class I nickel
  • 18:40 Amount of nickel in a standard EV battery.
  • 19:59 Staggering projection of nickel supply needed for electric vehicle demand.
  • 23:42 Opportunities for investors in the electric vehicle revolution.
  • 28:44 A dedicated class I nickel price to come.
  • 32:54 Cobalt: Most supply-constrained metal.
  • 38:42 Cobalt price is highly inelastic.
  • 42:13 Cobalt 27: Pure unadulterated play on cobalt.

Disclosure: None.

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