 Good day fellow investor! As you know I'm very very bullish on copper and that is because I see the global economy developing and I see a very positive trend in electric vehicles which consume about 100 kilos 200 pounds of copper more per car than a normal vehicle and electric buses, electric trucks and everything that's going on in the electric world is very very important for copper. Lead you but the cobalt prices are there already very high so I'm very bullish on copper and I want to update you on the news in the electric vehicle world if you're invested in the electric vehicle world it will be very interesting for you for those exposed to copper will also see a benefit because when copper demand rises then copper prices will also rise because there simply is not enough copper to cover for the demand at these prices. Global electric vehicle sales in May 2017 have been 59 percent higher than in 2016 so 59 percent growth in electric vehicles the trend is strong and growing extremely important and what's even more important is that electric vehicles share of the market are very very low in China the electric vehicle share is just 1.4 percent in Europe is also around 1 percent and in the United States is just around 1 percent so very low but huge expected growth. If we take a look at sales by model Tesla is still leading and therefore the hype around Tesla but look at BMW almost equal sales of electrical cars as Tesla you have the BMW i8 which is very cool to look at Chinese company Nissan Toyota Chevrolet Chevrolet Volkswagen so Tesla is not that hot as you might see you can see BMW sells the same amount of cars so and it's profitable very big difference we know Daimler is coming on with a huge army of new electric vehicles in the next five years so there will be enormous competition for Tesla and investors should be very very aware of it competition enormous competition a lot of new models and a lot of new purchases especially as China is changing its zero emission credit policy where they want at least eight percent of electric vehicles sold per year from one to eight and again a huge increase in electric vehicles good for copper who is leading in the world China is leading in demand for electric vehicles but we can see Europe is growing the US is growing Japan not yet let we'll see how the trend evolves in the future UBS made an analysis and we can see that the growth is expected to be relatively slow 41 percent up to 2020 and then shoot up at 46 percent per year for the next five years so the steep part of the curve begins in 2020 as electric vehicle shares are expected to explode when many new producers put their cars on the market the prices are expected to be equal to cars with internal engine combustion so we can really expect to boom this is extremely important for copper again at this growth demand might do wonderful things in addition to growth in india china and all that stuff for those interested in the electric battery distribution we can see a lot of small producers panasonic and tesla at 70 percent but the competition is increasing this means they will need more copper more lithium more cobalt for lower prices their margins might be questionable as they will fight for market share but if you own copper you are pretty well set and in a very positive upward trend in the future another interesting thing development streetlight chargers streetlights are everywhere and you can charge your car on streetlight smart idea even more copper necessary so to conclude electric electric vehicle sales are very low still one percent but growing at 30 percent an expector to grow much faster 40 percent in the next decade lithium is already very traded very expensive pushed by speculators cobalt the same electric vehicle stocks are up to huge competitions that will eat up margins so very questionable profitability some will do well some won't it's very difficult to know who will win the lowest risk investment highest potential reward i think is copper however i'm sure many viewers know much more about electric vehicle specific companies their production advantages so than me so if someone would love to share their thoughts please leave a comment below and interesting stock picks you never know where we can find interesting investment we are here to create an investment community so please share your thoughts we are open to any kind of ideas and that's the investment attitude i always try to keep keep my eyes open because you never know where an opportunity might come from and what you knew in the past might change everything changes you have to be very very adaptive and you have to always accept the new and always analyze what's going on maybe i'm wrong maybe i'm not wrong where am i wrong when you know when you're wrong you limit your losses and increase your potential rewards thank you for watching see you in the next video please leave your comments let's add value for everybody and have a great day