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Arnold Van Den Berg - A Must Listen Life, and Investing, Discussion

The Business Brew

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Electric Vehicles Are Not Going to Eliminate Fossil Fuels

The big thing with the electric vehicles, right? Everybody thinks that's the future. Can eliminate fossil fuels and all this other nonsense. The electric vehicles are not going to eliminate fossil fueles. Any investments are needed for the electric vehicle. Forty % of the cost of electric vehicle is battery wel what's in the battery? Cobalt, litium graphine, copper, aluminum. Some would take hundreds of years. Take hundreds of years to get the amount of production needed to fit all the electric cars. Yet, still a structural sorteo whotother you're going to have a shortage. So what i believe is we don't have to bet on inflation. We just have to

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