Its December 5, 1996 and the first electric vehicle just went on sale. Fast forward 21 years later to today and only 2% of the cars sold in the U.S. are electric vehicles, or EVs.
However, according to our host John Daly, this is about to change and FAST, as for the first time ever a technology that overcomes all the obstacles currently preventing EVs from going mainstream is available. Mizrahi call's it the “Forever Battery” and we're here to expose the stock he's teasing.
Let's take a closer look to find out what this could be.
The Teaser
Known simply as the “Forever Battery”, this new technology is being hailed as “the battery of the future”, “a game-changing innovation”, and “the battery that could change the world” according to Forbes.
According to resident expert Charles Mizrahi, the Forever Battery could be a game-changer, as it’s set to disrupt two of the biggest industries in the world today: the $2 trillion automotive industry and the even bigger fossil fuel industry.
Charles Mizrahi began his financial career on the trading floor of the New York Futures Exchange at the age of 20 and has since amassed more than 35 years of experience recommending stocks under his belt. He’s been featured in The Wall Street Journal, Barron’s, The New York Times and MarketWatch, and made TV appearances on CNBC, in addition to writing a widely read book, Getting Started in Value Investing (Wiley).
A battery like this one is expected to allow electric vehicles, or EVs, to cost about the same as gas-powered cars by next year, which is about $25,000. This is because a so-called Forever Battery takes just 15 minutes to charge, weighs next to nothing, doesn’t burst into flames, and could soon power your EV for 1,000 miles — all on a single charge. To put this into perspective, this is many times of magnitude more efficient than even Tesla's Model X.
This is why the average EV currently costs $55,000, still out of reach for most Americans. However, if this new technology is successful in cutting the cost of a battery in half, as is currently being advertised, then it may not be long until every American highway will be teeming with EVs and every other house in your neighborhood will have one parked in the driveway.
From what we can see, this kind of breakthrough doesn’t come along every day. Thus, it comes as no surprise to hear that some of the world’s wealthiest people are investing heavily in the company that pioneered this Forever Battery technology. Let's take a look under the hood to see if the underlying tech is for real.
The Pitch
You know the drill, in order to find out the name and ticker symbol of the company behind the Forever Battery technology, we will need to subscribe to Charles Mizrahi's Alpha Investor, which will include The Forever Battery: How to Profit as EV Sales Grow 1,500% Over the Next 4 Years, special report thrown in for free. We have covered several of Charles' presentations here in the past, including his “Miracle on Main Street” and SoE Stock among others.
The subscription will also include a second special report entitled: A New Era of Energy Storage: The Hottest Breakthrough of the 21st Century, in addition to a model portfolio, 12 monthly research briefings, and access to a dedicated members-only website among other perks.
What in the World is Forever Battery Technology?
Charles calls the bombshell technology inside the Forever Battery “a gold rush in the making”. As Wright’s Law, which states that every time units of a product double, costs will fall by a constant percentage, all but assuring that EV's will become more affordable.
The fact is, these new batteries are better than current EV batteries by every measure you can think of, from weight and safety, to range and charging time. This comes after 10 years of intensive research and development and the filing of more than 200 patent applications, with the end result being a battery that is about the size of a pack of cards.
It is something scientists call a “solid-state battery”. These batteries are completely different from lithium-ion batteries, which have a liquid core, that can cause a vehicle or device to burst into flames without warning. The solid core of the Forever Battery is NOT flammable, so there’s no danger of explosion or fire.
Perhaps the best part about solid-state battery is that its solid-state core take as little as 15 minutes to charge, degrading far less than its liquid core battery counterpart, meaning it lasts longer. All around, solid-state batteries are smaller, lighter, safer, more powerful, and more convenient than current EV batteries.
Since the main catalyst driving mass adoption is affordability and the solid-state battery could cut the price of an EV in half, it could very well make EVs affordable enough for the average American family (inflation included). This could literally change the world and it's why Charles is adamant we take advantage of this opportunity right away. Let's see if we can identify the company at the heart of it all.
Revealing the Forever Battery Stock
A few key clues were dropped throughout the presentation, which we noted:
- It holds 200 patents that protect its proprietary technology.
- Already, one of the biggest multinational car manufacturers in the world — a $170 BILLION company — is pouring hundreds of millions of dollars into the company.
- The company operates out of a Silicon Valley laboratory, which The Washington Post calls a “billionaire factory”, because the potential to make money is off the charts for early investors.
- The company’s management team has extensive experience and operating capabilities in the automotive sector with a track record of keeping shareholders very happy.
Based on this description, we would venture to say that the solid-state battery manufacturer in question is QuantumScape Corp. (NYSE: QS). This is why:
- QuantumScape does hold around 200 patents and patent applications for its solid-state battery technology.
- It is headquartered in San Jose and backed by more than $1.2 billion in investor capital, which includes Volkswagen.
- QuantumScape's management team is helmed by CEO Jagdeep Singh, who previously founded and was the CEO of Infinera Corp. (Nasdaq: INFN).
So is QuantumScape's technology really the hottest breakthrough of the 21st century?
Best Investment Opportunity of Our Lifetime?
A lofty claim to make about a startup developing a solid-state lithium battery for electric vehicles or any company for that matter, but the quantum leap this technology could spell warrants it.
As electric vehicle adoption ramps up – 1,500% surge in EV sales over the next four years according to Charles, any stock at the forefront of this should see a boost right? Undoubtedly, but between upcoming monetary tightening and a rise in interest rates, stocks, in general, are more than likely to move lower before another bull run.
When it comes to the company's individual prospects, a lot of questions still remain unanswered about its next-generation solid-state lithium-metal batteries, as there isn't much to go on at the moment apart from what the company has revealed in its investor presentations. Given this and the fact that the company isn't likely to produce any significant revenue until at least 2024 -until which time a lot can happen, including material developments on the competitive front, tells us that is speculation rather than an investment at this point in time.
Quick Recap & Conclusion
- Host John Daly and resident expert Charles Mizrahi are here to tell us that a technology that overcomes all the obstacles currently preventing electric vehicles from going mainstream is finally available.
- We are told that it is simply known as the “Forever Battery” and that it is “the battery of the future”, which will change the world as we know it.
- According to Charles, there is an innovative company behind the Forever Battery technology, but we will need to subscribe to his Alpha Investor newsletter, which will include The Forever Battery: How to Profit as EV Sales Grow 1,500% Over the Next 4 Years, special report telling us all about this company.
- Fortunately, we were able to save everyone some time and money by revealing the company in question as QuantumScape Corp. (NYSE: QS) for free.
- Upon taking a closer look at the company, we came to learn that there are still many questions abounding about the capabilities of its solid-state battery technology and if it can truly deliver on its promise. This coupled with the fact that there won't be any significant revenue (to say nothing of earnings), until 2024-2025, screams wild speculation rather than investment.
Are you already invested in the electric vehicle space? Are solid-state batteries the answer that will unlock electric vehicle adoption on a mass scale or is it something else? Let us know what you think in the comment section below.
An excellent write of this potential rewarding early investment. Your comments are spot on with regards to the type of investment. It is a pure gamble.
More great work. I think the early birds saw $ signs almost a year ago. Even now, expensive at $30!
In my opinion EV have still a long way to go in order to be on a mass scale adapted.
Their EROI is so poor and comes not even close to match a modern diesel engine.
The known issue,s are weight, charging infra structure, etc.etc.
But the biggest problem is that there are simply not enough materials on this planet to have all cars run electrical. Trucks forget it the weight will be enormous.
Perhaps you should watch this video https://www.youtube.com/watch?v=RZIDSOPhZj0
that is 100% not correct with this battery
Great job again. Thanks
If, the batteries are smaller and better, then yes it would make a huge difference. My personal beliefs are the fuel cell will be the future.
Didn’t he state that it’s around a $3.00 stock currently? Which would rule out QS if so.
What’s all the houpla about getting the fricking ticker, I just want to have the stock symbol so I can invest some money without watching videos and signing up at some investment firms, I just want to use my robinhood account and buy the fricking stocks……..
Good stuff and i totally agree. I’m just trying to find a company that I can invest at the ground floor that could make some changing profits.
Yes the battery technology is the only thing holding up mass adoption of electric vehicles. The other race is hydrogen which if the tech is perfected will make electric vehicles obsolete. Making Hydrogen from seawater without a carbon footprint seems ultimately the future of energy.