The truth is... Battery storage is increasing, not decreasing. So with EV tech improving, and with just 1% of U.S. vehicles using EV technology right now, there's real potential for EVs in the future. And Exxon wants in. Yet there's resistance from a substantial lobby in the U.S. that's still partial to oil and gas and the internal combustion engine. After all, there's a ton of money in that too! This conflict is putting the U.S. behind the curve on electrification of vehicles and battery technology. However, the same cannot be said for Europe and China. They are going full speed ahead, and penetration levels there are far ahead of where they are in the U.S. And whether you like it or not, YOU are supporting the move with YOUR tax dollars as global governments, including the U.S., are pouring hundreds of billions per year into subsidies for alternative energy technology, ranging from outright grants to tax rebates for buying electric vehicles. YOUR ACTION PLAN With EV technology improving but still getting bottlenecked by the government, major players in EV and lithium are currently on sale. That means you have a chance to catch a trend at a very early stage and at very cheap prices. Could it fail? Sure. But the cost is low and the payoff could be huge, which is why you would be remiss if you did not add some exposure to your portfolio now. We have several lithium plays in our portfolios in Trade of the Day Plus and The War Room. To see exactly how we're trading them in The War Room, go here. And to get our best pick every week in Trade of the Day Plus, go here. |
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