Investing: David Roche on how to invest in the electric vehicle market – CNBC No ratings yet.

Written by on June 11, 2021

This photo shows an electric car being charged on a street in London.

Miles Willis | Getty Images News | Getty Images

There’s been a rush for electric vehicles and investors are piling money into green cars and the batteries that power them — but one top investment strategist says he’s avoiding the sector for now.

As more and more people jump on the electric bandwagon, experts predict that global penetration of electric cars could top 80% by 2040. Demand for EV batteries is also expected to rise.

David Roche, who correctly predicted the 1997 Asian financial crisis and the 2008 global financial crisis, explains why he’s not investing directly into electric vehicle makers and battery producers at the moment.

Please rate this


Reader's opinions

Leave a Reply

Your email address will not be published. Required fields are marked *


SUGARWATERRADIO

THE BEST IN HIPHOP AND R&B

Current track
TITLE
ARTIST

Background