Despite the ongoing global chip shortage, the US car market posted a 29% sales surge in the first six months of 2021.
If you think that’s impressive, wait until you hear what’s happening with electric vehicles (EVs).
A recent report from auto experts at Wards Intelligence says sales of plug-in electrics in this year’s first six months came in at 202,375, more than double that of 2020.
That’s on top of reports from consulting firm AlixPartners LLP saying the auto industry plans to invest some $330 billion over the next five years to boost EV production.
When I see such a tremendous opportunity, I’m looking for a way to play the whole sector with a single investment.
Electric Vehicles Are on a Roll
Prior to 2006, when you heard the term “electric vehicle” you thought of a suburban California mom with her Toyota Prius.
On July 19, 20, at a 350-person, invitation-only event at the Santa Monica airport, Elon Musk debuted the lithium-ion-battery-powered Roadster by Tesla Inc. (TSLA). And the world of EVs was changed forever.
Production of the two-seater began in 2008 and lots of wags at the time said Musk was bound to fail.
Today, EVs only constitute about 3% of the overall car market, but that just means the industry has significant room to grow.
And have no doubt, EVs are on a roll.
Allied Market Research says the EV industry was worth $162 billion in 2019. By 2027, it will grow by 395% to a value of $802 billion.
Taking the World by Storm
Flash forward to today and we see that the world is following in Tesla’s footsteps.
Consider that the world-renowned German automotive manufacturer Daimler has said it will invest a minimum $11.7 billion to produce 10 pure electric and 40 hybrid models. That’s in addition to their goal of converting its entire range of vehicles including heavy duty trucks to electric power.
Just last week, Mercedes-Benz said it will be all electric by the end of the decade. The Daimler unit also said it is investing $47 billion and will build eight plants to produce EV battery cells.
Here at home, General Motors Co. (GM) says that by 2035 its entire fleet of light-duty vehicles will be electric. Crosstown rival Ford Motor Co. (F) says its European lineup will be all electric by 2030.
But enough about the auto manufacturers you’ve already heard of, let me tell you about the tiny $2 stock that’s going to be the real star of the EV revolution.
Batteries, Batteries, Batteries
See, it doesn’t matter whether we are talking about a Tesla, a Prius or the F-150 Lightning. They all need batteries to be electric.
Simply stated, the firm I have in mind has come up with new breakthrough materials that could revolutionize how EV batteries are made.
As you might expect, a discussion of batteries and the materials needed to make them can get complicated very quickly.
Two Major Investing Points for This $2 Stock
- The chief scientist for this small, Australian-based firm is a leading materials expert who has co-authored more than 700 papers and has 73 issued or pending patents. He’s an advisor to Tesla and just had his contract extended by another five years.
- I believe that in the very near future, this company’s battery technology could be in use throughout the industry.
Fortunately, we don’t have to wait years to get a potential market-crushing win from this stock.
Dual Listing from Down Under
Because the company is based in Australia, its shares trade there. Here in the US, they are traded over the counter- but not for long. In the coming weeks, the company plans to uplist its shares to the Nasdaq.
Make no mistake. This is a big deal.
There are 41,000 publicly listed companies in the world. But only about 600 of them are dual listed in the U.S., or roughly 1%.
So, when a stock does uplist to the Nasdaq it’s a rare move that really makes the stock stand out.
Most professional money managers and many retail investors won’t come anywhere near an OTC stock. And that greatly limits the upside because by definition we don’t have any institutional support.
Having said, there’s no way I can guarantee you that institutions will come piling into a stock with such a low price.
But as investors wake up to the potential here and the stock rallies, I believe it could end up on a lot of Wall Street radar screens, leading to a nice second rally after the initial uplisting occurs.
There’s so much more to this $2 OTC than I can explain here. If you’re interested, I’ve made a special nine-page report on this revolutionary technology available to you today.
To get your own copy about this exciting opportunity, simply click here.
Cheers and good investing,
Michael A. Robinson