These beaten up stocks could soar after election day

[DWR Logo]( July 15, 2024 Hi Reader “Over the last four years, there was a steady drumbeat of predictions that batteries and battery metals would be in short supply indefinitely. That's not what's happened, at least not yet.” That’s how Colin Mckerracher, Head of Clean Transport at BloombergNEF. He obviously wasn’t a Dynamic Wealth Research reader. We warned the [lithium collapse was imminent.]( That tends to happen when supply surges and demand doesn’t. But it all could be repeating itself soon. Only in reverse. Here’s the set-up. The EV industry has gotten crushed. EV stocks have gone under. Only those with huge cash balances (like Rivian RIVN with $15 billion+ cash) are merely surviving. But there is some good news. The lithium price drop is driving down battery costs. The cost of has dropped from 50% of a battery’s cost two years ago to 30% today. This, along with growing economies of scale, has helped push battery prices down to their lowest prices ever: [election stocks] This is going to make EV’s a better value, but they still not there yet. Internal combustion engines (ICE) are still relatively cheap. You can still buy a corolla engine for $3,000 Insurify estimates the replacement cost of a battery at $14,000. But that could all change later this year. There are going to be new fuel efficiency and emissions mandates coming in the next year. The election will determine how significant they will be. The current proposals will lead to EVs accounting for 60% of all new cars by 2032. If that’s what goes ahead in November, EV’s will be a big comeback. And since they’ve been crushed so hard, they’ve got a lot of runway to go. It’s simple and we’ll see which way it plays out. [Click here to see how the EV trade is far easier than these experts make it out to be.]( [Read More Button]( Dynamic Wealth Research 2010 West Avenue K #623 Lancaster, California 93536 We are sending this message to {EMAIL}. [UNSUBSCRIBE]( | [PRIVACY POLICY](