Original article by Peter Ker
The Australian Financial Review – Page: 18 : 22-May-19

Resources giant BHP is bullish about global demand for electric cars. Its forecast for the proportion of vehicle sold in 2035 that are electric has been increased from a minimum of 10 per cent to 16 per cent, while it now expects at least seven per cent of light vehicles sold in 2035 will be electric. BHP’s Huw McKay says the take-up rate of electric cars will depend on factors such as investment in recharging infrastructure. BHP has exposure to the electric car battery market via its copper and nickel mines.

CORPORATES
BHP GROUP LIMITED – ASX BHP, WESFARMERS LIMITED – ASX WES, KIDMAN RESOURCES LIMITED – ASX KDR, RIO TINTO LIMITED – ASX RIO