The World today stands on the brink of transformation in mobility revolution… or are we already there? According to a report from the World Economic Forum, by 2040, over 50% of the cars sold worldwide will be electric vehicles (EVs) and the latter will be dominating the European automotive market by securing 70% of the market share. Even the big high-end players like Lamborghini have embarked on the bandwagon and announced their first hybrid supercar.
Whilst this momentum seems to be unrelenting, what does this mean for the global battery market? To explore the dynamics and the opportunities engendered by this revolution, we deep-dived into the subject matter in our previous article, highlighting the booming demand for what has been dubbed as the ‘new gold’ – Copper – as well as its counterparts, Aluminium and Nickel.
How do we leverage this opportunity?
The EV battery revolution is likely to have a sizeable impact on the demand for key battery materials such as Nickel, Copper and Aluminium. With electrification swinging the pendulum in favour of these commodities, is it time to invest in these?
Structured Product: Snowball Autocall on Worst-of Nickel, Copper & Aluminium
If you want to seize this flourishing opportunity, look no further. AfrAsia Bank has tailored a structured product linked to the Aluminium (LOAHDY), Copper (LOCADY), Nickel (LONIDY) as per below details:
Do you wish to seize this investment opportunity?
If you wish to get more information or you wish to invest in our structured product, contact our Structuring Team.
Disclaimer: The public is encouraged to seek professional advice prior to investing in the products proposed in the advertisement. Please note that the information published is purely indicative. It is based on technical data from sources which the Bank verily believes to be authentic, though its timeliness or accuracy cannot be warranted or guaranteed. AfrAsia Bank Ltd issues no invitation to anyone to rely on this article and neither we nor our information providers shall be in no way whatsoever, liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness, or for any delay or interruption in the transmission thereof to the user. The indicative rates and other market information are subject to changes at the Bank's discretion. Whilst every effort is made to ensure the information is accurate, you should confirm the latest situation with the Bank prior to making any decisions. Terms and Conditions apply. The structured product offered is not regulated by the Bank of Mauritius and the ultimate responsibility for any such product vests with the company offering the product.’