Will we see self-driving cars on the roads soon? Or a mass takeover by electric vehicles? I don’t know. I suspect that the technology is farther away from mass-market usability than the optimists make out. But it’s also probably not as pie-in-the-sky as the pessimists warn. A bit like the internet, in other words.
If you are looking for a middle road to investing in the sector, one metal does look set to benefit from the rush. Palladium has been the car-related metal most in the news in recent years as it has benefited.
Yet if the enthusiasm for self-driving cars continues, then palladium could be supplanted by a rather less glamorous metal, copper. These self-driving vehicles are probably mostly going to be electric. And electric cars use something like three times as much copper as a standard car.
Metal Tiger plc (LON:MTR) is listed on the London Stock Exchange AIM Market with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.
