Electric Vehicles Are Dead Without THIS Technology
I read an interesting and somewhat shocking study the other day. And it went right in the face of pretty much all the hype surrounding electric vehicles and how fast they’re going to be adopted.
You see, I’m as big a proponent of doing good for the environment as anyone. Maybe more than some. I’m a sportsman. I enjoy hunting and fishing and just spending time outdoors enjoying nature.
I’ve got two kayaks hanging under my back deck, countless fishing poles leaning up in my gear closet, a sailboat docked a few miles away from my house, and more camping equipment than you can wave a tent stake at.
But none of that is any good to me if we trash up the natural world. So whether I’m a climate change believer or denier doesn’t even matter. I just want to make sure that the things I’ve enjoyed my whole life are there for me to keep enjoying and share with the next generation.
So I’m hopeful that Americans (and eventually the whole world) can end their dependence on technologies that pollute the planet. But I’m also a realist and I know there’s a lot of work we need to do before we even get close.
One of the places that’s going to need the most work is the electric vehicle (EV) industry. It’s something I’ve been talking about here for a while.
And the study I recently read hammers that point home better than anything I’ve seen so far.
20% of 2% Are 100% Done
You may already know that about 98% of the U.S. automobile fleet is still powered by internal combustion engines. That means you probably know that about 2% (at most) are electric vehicles.
But what you may not know (and what I didn’t realize until reading this study) is that 20% of the 2% have purchased a gas-powered car since making the “switch” to EVs.
Say what? I know. It’s pretty surprising to hear someone would shell out all that money on an EV only to trade it in a few yeas later to get back in a “gas guzzler.”
But according to research by University of California Davis, that’s exactly what’s happening. Now, their research only focused on California, so there may be slightly different statistics nationwide.
But Californians like to brag about being ahead of the curve. And they’re some of the loudest opponents of fossil fuels. So you’d think they’d be the most committed to getting as many EVs on the road as possible.
You’d be wrong, of course. But you wouldn’t be dumb to think that. I mean, they’re even talking about banning gas- and diesel-powered vehicles in a few years.
But according to the study, which surveyed Californians who bought an EV between 2012 and 2018, one out of every five has already bought a new gas-powered vehicle after getting EV buyer’s remorse.
Think about that for a minute. Starting in 2012. So these are what you’d call “early adopters.” They’re the people who were the most gung-ho about switching from gas to electric vehicles.
Yet all that gung-ho, “go get 'em” attitude got them was an expensive toy they don’t really want anymore.
So what gives? Why are the people who were the most excited about EVs trading theirs in for old-school gas guzzlers?
Well, the answer shouldn’t surprise you… because I’ve been talking about it for months.
Ain’t Nobody Got Time for That
It takes about three minutes to fill the gas tank of a Ford Mustang. That full tank combined with the car’s V8 engine will give you about 300 miles of driving range.
Take that same three minutes and plug a Ford Mustang Mach-E (the EV version) into a charger at your house and you’ve got about three miles of driving range.
If you’ve got serious power at your house and can move up to what they call “Level 2” charging, you’ll get about six miles from that three-minute charge.
And if you’ve got the means to get the kind of levels a Tesla “Supercharger” offers, you’ll be able to get to that 300-mile range after an hour or so.
But the problem is that most people only have a home electric “grid” capable of “Level 1” charging. And even those with “Level 2” access have to wait hours for their cars to be ready to drive again.
And that’s the main complaint with folks who made the switch to EVs between 2012 and 2018 (and then made the switch back to gas-powered vehicles). They just don’t have time to sit around and wait hours (sometimes days) for their battery to charge.
And to be honest, nobody’s got time for that. Who wants to take a road trip and have to stop every 300 miles for a whole day? I mean, who even wants to stop for the couple of hours it would take the fastest charger in the world to charge the best battery in the world?
That’s exactly what “they” want you to do. And “they” want you to believe we’re all going to switch over to inefficient, inconvenient EVs within a few years’ time.
But that’s not going to happen if we’ve got to keep on using today’s EV technology. It’s the simple, honest, and kind of brutal truth.
Until EVs are as efficient and convenient as vehicles powered by internal combustion engines (ICEs), we’re just not going to see that massive switch the politicians and media want you to believe we’ll see.
But I don’t want you to think I’m just here to toss some rain on your EV parade. Quite the opposite, in fact. I’m here to offer some hope… because I see a future (not that far ahead) where EVs are efficient enough to replace ICE vehicles.
I see a future where they’re even more convenient because you don’t have to stop at a gas station every few hundred miles.
And that future is all powered by the technology one small, little-known company is developing in its labs right at this minute…
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Better, Stronger, Faster
You see, all the inefficiencies I’ve discussed today (and all of the ones I’ve been talking about for months) are getting addressed by one massive step forward in the battery industry.
And that step is already underway. But very few investors have even heard of the company behind what’s shaping up to be the biggest shift in the EV market since Tesla went public back in 2010.
This company has figured out how to solve all the problems plaguing the EV industry. From slow charging times to fast discharge times, and from heavy batteries with little power to heavy batteries that explode into flames, this company is about to solve every issue holding back mass adoption of EVs.
And the best thing about the company (and its investors) is it doesn’t matter if Ford, Tesla, or Volkswagen becomes the biggest seller of EVs. Because this company doesn’t make the cars.
And its technology is so advanced that every major EV maker is going to be jumping at the opportunity to put its technology into their cars.
I’m talking about batteries that can charge in a matter of minutes, not hours (or days, in some cases). I’m talking about a range of 600 miles instead of the tiny range you get now.
I’m talking about batteries that don’t blow up when you’re using them, electric vehicles that pack the same power and range as ICE vehicles, and batteries that weigh 10 times less yet still provide more power than Tesla’s most advanced units.
I’m talking about the kind of technology shift we haven’t seen in this industry since lithium-ion batteries replaced lead-acid ones back in the 1970s.
And I’m talking about the chance to rake in a king’s ransom as an early investor in the company that’s going to make all those dreams a reality.
Actually, I’m talking about the opportunity to make life-changing profits by investing in a company that’s ALREADY making those dreams a reality…
This Glass Is Filling up Fast
I’m not sure if it’s half full or a little more, but I can say that this glass is filling up fast. It’s not the kind you drink out of, though. It’s a new kind of “glass” that’s revolutionizing the EV industry as I type.
I call it “Electric Glass,” but really it's a massive step forward in the way we store electricity in batteries.
It allows batteries to be much smaller (up to 10 times) and yet still pack more power into every square inch.
It allows them to charge in just a few minutes instead of a few hours. It lets those batteries last longer (so you won’t have to replace the most expensive part of your car every year or so).
It even makes that pricey part of your EV a whole lot cheaper.
So not only is it going to help make EVs competitive with ICE vehicles from a performance standard, but it’s going to get them to a comparable price point as well.
And that is what’s going to usher in a new era of driving around the world. It’s not going to be the warm fuzzy feeling you get shelling out tens of thousands of dollars for a car you’ll spend more time charging than driving.
It’s going to be when EVs work as well as ICE vehicles and cost the same amount. And that’s the future this company’s battery technology will help us create.
No Time to Waste
Just like this company’s batteries charge way faster than Tesla’s, I expect this company’s stock to skyrocket way faster than Tesla’s.
And that means if you want your share of the biggest part of the profits, you need to get invested ASAP.
Every day, another headline comes out about this company and its groundbreaking tech. And with every headline come new investors. And with each new investor, the price goes up a little more (and the potential profits get smaller).
So before this stock skyrockets to the moon (or even to Mars), I’m imploring you to take a look at my presentation about the technology it’s developed and the opportunity that presents for in-the-know investors.
You can click here to get access. It’ll take you a few minutes to watch, but it could score you a lifetime of profits and easily become the most valuable few minutes of your entire life.
I’ve also created a written report, though, in case you’re not feeling like watching a presentation right now. It’s got all the same information and explains how you can get positioned for the biggest potential gains.
You can access that written report by clicking this link.
I’d appreciate if you watched the presentation, as my team worked really hard helping me put it together. But I really just want to make sure you get the information.
So whether you get it by reading the report or by watching the presentation, I’ll be happy… because you’ve got the details and can get invested if you choose to do so.
And I urge you to take some time TODAY to get said info.
I just don’t want you to wait, thinking you’ve got plenty of time, and then log into your brokerage account only to find out that you’ve missed the rally and everyone else is bragging about their massive gains.
I want you invested early… before the rally starts. I want you to ride this one from the ground floor all the way to the penthouse.
I want you to be writing in to me in a couple of years thanking me for giving you that stock tip that bought your new yacht or paid off your vacation house.
I don’t want you to ever have to worry about money ever again. And I’m convinced an investment in this company and the technology it’s bringing to market is going to set you up for life.
So, please, take a few minutes of your time today and get the information so you can get invested.
Just don’t delay too long. I want you to be one of the folks profiting the most when the rest of the world finds out about this company and sends its stock through the roof.
So click here now and get yourself positioned for the massive rewards I’m sure are right around the corner.
To your wealth,
After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of Main Street Ventures, a pre-IPO investment newsletter, and co-authors The Wealth Advisory income stock newsletter. He also contributes regularly to Wealth Daily. To learn more about Jason, click here.
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