12 state governors just wrote a letter to the White House…
Asking President Biden to place a nationwide BAN on selling new gas-powered cars.
This move aims to accelerate the shift from gas to electric vehicles (EVs) in the United States.
For this transition to happen smoothly, EVs will need an enormous amount of lithium-ion batteries to work.
One American-based lithium company could be the answer to a current lithium shortage.
Go here ASAP for urgent details on this lithium stock – that could soar 985%.
While governors are trying to CANCEL gas-powered cars…
Automakers are speeding up the transition to EVs too!
Check out these examples below…
- Hyundai Motor Group (OTCMKTS: HYMTF) is cutting their number of gas-powered cars by 50%. This will make way for them to invest in EVs and hydrogen-fueled vehicles.
- Ford (NYSE: F) plans for its European releases to be 100% electric by 2030.
- General Motors (NYSE: GM) will only sell EVs by 2035.
- And Honda (NYSE: HMC) expects to stop selling gas-powered vehicles by 2040.
Along with car companies, countries around the world are marching toward an all-EV future.
Last year in Norway, over 50% of the cars sold in the entire country were electric vehicles.
The United States isn’t quite there yet, with only 3% of car sales coming from EVs currently.
But the numbers are changing RAPIDLY.
It’s estimated that by 2035, the U.S. will cross over into selling more EVs than gas-powered cars.
That’s only 14 years away!
And by 2050, EV sales are projected to make up 81.5% of total car sales worldwide.
Take a look at those estimations in the cart below…
As quickly as this shift toward EVs is happening, what might be most surprising is happening at one of America’s oldest automakers:
Ford is already producing MORE electric Mustang Mach-E vehicles than the gas-powered versions.
That’s just months after the first Mach-E rolled out!
We are in the middle of a transportation revolution.
In a few years, gas-powered vehicles could disappear entirely.
But with so much EV growth coming, there’s a problem:
The U.S. is facing a shortage of lithium-ion batteries.
And without these batteries, automakers won’t be able to produce enough EVs to keep up with the demand.
That’s where one little-known lithium stock based in Nevada comes into play.
It recently IPO’d and is trading for under $1.00 per share.
And they just secured land with some of the highest-quality lithium on earth.
They could be about to make a major lithium discovery, and when that happens…
My price target suggests this stock could explode by 985% or more!
Make sure you check it out BEFORE that potentially happens.
Yours in Wealth,