Get Ready for the 'Great EV Consolidation'

Editor's note: Regular Empire Financial Daily readers know that Whitney believes the future of transportation – electric vehicles ("EVs") and autonomous vehicles ("AVs") – is coming... and sooner than anyone believes. He calls this trend "TaaS" (short for "Transportation as a Service"). And Whitney isn't the only one who's bullish... Our friend and colleague Luke […] Not rendering correctly? View this e-mail as a web page [here](. [Empire Financial Daily] Editor's note: Regular Empire Financial Daily readers know that Whitney believes the future of transportation – []electric vehicles ("EVs") and autonomous vehicles ("AVs") – is coming... and sooner than anyone believes. He calls this trend "TaaS" (short for "Transportation as a Service"). And Whitney isn't the only one who's bullish... []Our friend and colleague Luke Lango over at our corporate affiliate InvestorPlace is following the developments in the space as well. In today's essay, Luke explains how a recent announcement you likely didn't know about could be the start of what he calls the "Great EV Consolidation"... --------------------------------------------------------------- Get Ready for the 'Great EV Consolidation' By Luke Lango --------------------------------------------------------------- [It's all up from here for this inflation stock]( Right now, one inflation stock is catching the attention of the world's largest money manager. Get in now before it takes off. [Get full details here](. --------------------------------------------------------------- At the beginning of this month, something major happened that could be the key to []you striking it rich in the EV Revolution... Electric-truck maker Nikola (NKLA) announced an agreement to acquire beaten-up electric-battery maker Romeo Power (RMO) for $144 million. Ostensibly, that headline seems somewhat meaningless. Nikola isn't a very serious player in the electric-trucking industry. Romeo is a fallen angel in the battery world. Not to mention, the $144 million price tag is a rounding error for an industry titan like Tesla (TSLA). Yet, the acquisition announcement was significant because it kickstarts the 'Great EV Consolidation'... In it, the number of companies in the EV industry will dramatically shrink over the next few years. We're going from hundreds of small EV companies today to likely a handful of EV giants by 2025. And the investment implications are enormous. To paraphrase Charles Dickens, it will be the best and the worst of times. There will be lots of bankruptcies and lots of acquisitions. There will be loss and growth. Some investors will lose everything. Others will make fortunes. On which side of this EV consolidation will you fall? To get on the right side – and give yourself the chance to make enormous gains – you need to []buy the right EV stocks today. And critically, ditch poor-performing, hopeless electric-car stocks. This Great Consolidation thesis is rooted in historical precedent... So, for a moment, let's rewind back to the dawn of the gas-powered car. In 1893, bicycle mechanics (and brothers) J. Frank and Charles Duryea of Springfield, Massachusetts, designed the first successful American gasoline automobile. An automotive gold rush ensued. A decade later, some 485 companies entered the automobile manufacturing business. All were hoping to strike it rich as the gas-powered car redefined the world of transportation. It was a "gas-powered car boom" – much like the "electric-vehicle boom" of today. --------------------------------------------------------------- Recommended Link: [Americans are now doing this with their money]( As market conditions continue to defeat investors, savvy investors have found a "bear market loophole." It's a way to pocket outsized gains despite rampant inflation, global conflict, and soaring living costs. It's also a strategy that Wall Street legend Enrique Abeyta has used to make millions during some of the worst financial crises in America. [View his full analysis of this situation right here](. --------------------------------------------------------------- ► What happened next? Well, the gas-powered car did go on to redefine the world. Today, around 70 million new passenger cars are sold every single year. But almost none of those 485 companies that popped up back in the early 1900s became a success story. Less than 50 were still in operation by 1930. And just three accounted for 80% of the market. Though gas-powered cars did redefine the world, 9 of every 10 gas-powered companies that emerged didn't survive to see it. Indeed, less than 1 in 100 turned into auto industry titans. The EV Revolution will play out similarly. ► Today, there are hundreds of EV makers in the world, all hoping to strike it rich as EVs redefine transportation... They are all making the right bet. EVs will take over the world over the next 20 years, just as gas-powered cars did in the early 1900s. And similar to the gas-powered boom, the EV boom of the 2020s and '30s will comprise a few top players. They'll differentiate themselves from the pack in terms of some major value add, whether it be cost, design, performance, or branding. Those titans will attract all the consumer demand and reap all the rewards of the EV Revolution. And they'll squeeze out the other 90% of companies in the industry. So, when I look at the EV landscape today, I see a graveyard with a few shining stars. The key to striking gold in the EV Revolution, then, is to []find those shining stars – and avoid the companies doomed for what will soon be a crowded EV graveyard. ► I believe there are two ways to strike it rich in the Great EV Consolidation... First, you can buy leading EV stocks that project as the future titans of the EV industry. Over the next few years, these stocks will consume the competition, which is why they are fantastic long-term bets. Second, you can buy small, beaten-up, yet high-quality EV stocks primed to be bought out by future titans of the industry. These are fantastic short-term bets. Just look at what happened to Romeo Power's stock after the acquisition announcement. It popped 27% and is up more than 40% since late July. ► In other words, there are fantastic long-term investments and short-term trades to play the Great EV Consolidation. That's why I love this market phenomenon. Want to make 40% or 50% in a week? You can do that. Want to make 5 times in five years? You can do that, too. You can make short- and long-term money in any market. But you have to buy []the right EV stocks. Nikola's recent announcement to acquire Romeo Power is just the beginning. Looking back, folks will remember it as the buyout that kickstarted the Great EV Consolidation. Savvy investors who play their cards right can make fortunes in a hurry. In fact, I've found []the top EV stock to buy to play this consolidation megatrend. I anticipate this company could become a backdoor supplier play on one of the biggest projects to date from one of the world's leading tech behemoths... and it has the potential to make 40 times your money with one stock over the next few years. [Get the details here](. Regards, Luke Lango August 19, 2022 --------------------------------------------------------------- If someone forwarded you this e-mail and you would like to be added to the Empire Financial Daily e-mail list to receive e-mails like this every weekday, simply [sign up here](. © 2022 Empire Financial Research. All rights reserved. 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