The big shift happening in the auto industry will have a strong...

The big shift happening in the auto industry will have a strong bearing on future demand and hence pricing for graphite, so changes in EV sales quite relevant for BAT economics ( albeit indirectly ).

https://www.theguardian.com/busines...ds-radical-future-self-driving-electric-power

Autonomous or not, the cars of the future will be powered by electricity. This poses yet another existential threat to industry players that do not manage the change well.

“China will become the centre for global electric vehicle production,” said Bailey. “Unless the industry transforms, large chunks of it could get wiped out. Renault-Nissan are well ahead and BMW has invested very heavily, then you have Tesla as a new entrant and firms such as JLR catching up.

“Those that are really lagging are companies such as Ford, which is well behind and is going into collaboration with Volkswagen, who are having to reorientate in the wake of Dieselgate.”