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Gresham House plc

Welcome to the age of wood

Did you hear about the wooden car, with wooden wheels, a wooden chassis and a wooden engine? It wooden go.

Or would it? In a few years’ time, when people really are driving wooden cars, that joke will be headed for the junkyard.

“Wood could be used in cars,” says materials scientist Liangbing Hu at the University of Maryland. He recently received a massive grant to build cars out of high-tech wood, and he doesn’t have the road to himself. Engineers in Japan are also working on a wooden concept car due to be unveiled at the Tokyo Olympics in 2020.

Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.