Profit Alert! One Tech Powering the Future of Cars
Dear Wall Street Daily Reader,
Get ready to say goodbye to your local gas station!
Fully electric cars are finally ready to dominate the automobile industry… and it won’t be long before most of the old-fashioned gas guzzlers are off the roads for good.
Now, I know you’ve probably heard this before.
Folks have been predicting that electric vehicles (EVs) were the way of the future since they first started appearing in the 1900s.
But there’s been a single problem holding those predictions back — the battery that powers the car.
Up until relatively recently, batteries have been too big… too heavy… too expensive… too weak… too fragile… and/or too hard to recharge to make them practical for everyday automobiles.
Today, however, engineers have solved most of those problems — producing smaller, cheaper and more powerful batteries that make electric cars a viable alternative to fossil-fueled ones.
There’s really just one hurdle left… and I’ve discovered the company that’s figured out how to clear it.
Right now its shares trade around $2.
Today I want to share the remarkable tech opportunity with you and share how you can act on it.
Early movers stand to make 10x their initial stake in a matter of months!
Here’s everything you need to know…
Batteries Are Big Business!
The past two decades have seen some incredible breakthroughs in battery technology.
Whether we’re talking about smartphones or electric cars, the goals have been exactly the same: make batteries smaller, more powerful, more convenient and — most importantly — as inexpensive as possible.
Some very smart people have put in a lot of time, effort and money to make it happen.
Thanks to their work, the battery market alone is slated to grow by double digits per year, topping $85 billion by 2025.
Meanwhile, the batteries for electric cars have become so inexpensive and reliable that the electric vehicle market overall is expected to become larger than that for traditional vehicles by 2040.
And that’s assuming battery development stays on its current path.
It doesn’t consider a major development — like the one Elon Musk has promised.
Musk is the driving force behind Tesla Inc. (NASDAQ: TSLA), which is probably the first company anyone thinks of when they hear the words “electric car.”
And in April 2019, he announced that he was working to equip his Tesla cars with a “million-mile battery.”
To be clear, Musk is not saying the battery will run for a million miles without charging.
I’m pretty sure we’ll need to develop entirely new branches of physics before that’s possible.
Instead, he’s talking about the battery’s overall longevity.
You see, current electric-vehicle batteries only have an eight-year or 50,000-mile warranty on them. They’re expected to run for as many as 500,000 miles.
Past that, they may no longer be able to hold a charge… meaning electric car owners will have no choice but to buy a whole new battery or a whole new car.
Now, that might not sound like a big deal. Most folks only drive about 13,500 miles a year.
But truckers, taxi drivers and more could hit that limit much, much faster — which would make them reluctant to switch to electric vehicles.
So obviously a battery that can keep charging and recharging after a million miles on the road will be a major game changer.
Things Are Just Getting Started
In February the overall car market was down 5.4%, according to The Drive. Meanwhile, EV sales were up 34%!
… And we are just getting started.
EVs are just starting to gain serious traction here in the U.S. It’s not just Tesla in the space anymore.
The big automakers are staking their claims in the market— including Ford (NYSE: F) and General Motors (NYSE: GM).
But as I mentioned, to gain an advantage in the EV market you need a better battery.
You build a better battery and you’ve got an edge on every other vehicle out there. It is the No. 1 most important technology in a vehicle.
If you want a piece of the EV market, your best bet may not be to buy the car company with the most attractive vehicle. You want to look at companies that are working on the battery tech that will power the future of the auto market.
One way to play this exciting tech is through the Global X Lithium & Battery Tech ETF (NYSE: LIT). LIT follows battery component and equipment manufacturers as well as automakers.
In just the last year we’ve seen an almost triple-digit surge… and as EV market continues to grow, and the need for better batteries grows with it… it has a lot more room to rush higher.
There are also a number of small companies out there that stand to profit…
In my elite research service Catalyst Trader, I identified one company that has just absolutely stunning battery technology. But this opportunity is moving fast…
If you want to act, I suggest you do so now.
To a bright future,
Editor, Technology Profits Confidential
Seven Figure Publishing