Graphite supply critical to the development of the automotive industry | InvestorIntel
Here is an outstanding article on why graphite demand will be rising due to electric vehicles which are being produced now by several car companies. Now is a good time to look at graphite mining companies although you should only make a small investment first. Also, be certain that your favorite companies already have business lined up for their graphite.
I am watching several graphite companies myself, but I am not ready to recommend a particular one yet. I do recommend Tesla, though. I own stock in the company and plan to buy more. TSLA will continue to sell many electric cars, and their battery plant will probably exceed manufacturing expectations since several car manufacturers will probably be buying batteries from Tesla. Moreover, there will be a home electrical demand for Tesla batteries also.
On a side note, though, these alternative energy products will cause a further drop in the demand for oil. We are already in a price war with Saudi Arabia over oil, and it will only get worse as the world gradually adopts electric vehicles. So, we need to be making investments based on probable future demand.
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