Well, the numbers are in, and theyâre pretty damn impressive. In June 2023, electric car sales in Norway exceeded 90% of total new car sales. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Some Say It's Mystic, You Can't Resist It â It's ELECTRIC Jeff Siegel | Jul 20, 2023 Well, the numbers are in, and theyâre pretty damn impressive. In June 2023, electric car sales in Norway exceeded 90% of total new car sales. According to data from the Norwegian Road Federation, 14,155 new electric cars were registered in June, coming in at about 90.9% of total new car sales. Tesla continues to be the bestselling car in the country â not the bestselling electric car but the bestselling car overall, with Volkswagen creeping up and taking the No. 2 spot. Of course, to clarify, the only reason Norway has witnessed such a huge increase in electric vehicle ownership is because the country has long provided some very generous incentives for new car buyers who decide to eschew internal combustion and embrace the battery. This 1,000x Supply-Demand Gap Could
Mint Millionaires Airlines are in panic mode... Theyâre forced to replace kerosene with a new fuel. Seven airlines just committed to buying a total of over 1.5 BILLION liters of this groundbreaking fuel. And one little-known company is at the forefront of this massive story. It has signed multimillion-dollar agreements with some of the biggest aviation companies on the planet... Including Delta, American Airlines, British Airways, SAS, and Trafigura. [TT Airlines 2]( As this company is ramping up production, investors stand to rake in massive gains. Itâs expected to increase its revenue by an eye-popping 266,721%. And investors who get in BEFORE this happens could turn every $1 into $10 or even $100. Keith Kohl reveals what exactly this fuel is, why airlines are buying every single drop available right now, and how you can get in on this billion-dollar windfall in his latest presentation. [Get the full story here.]( Hereâs a list of some of the more attractive incentives: - No purchase/import tax on EVs from 1990â2022
- Exemption from a 25% value-added tax (VAT) on purchases from 2001â2022. In 2023, a 25% VAT returned but only on EVs with purchase prices in excess of $46,000, which really isnât that much for an electric car.
- No annual road tax from 1996â2021
- No charges on toll roads from 1997â2017
- Free municipal parking from 1999â2017
- Exemption from 25% VAT on leasing Itâs interesting to note that some of these incentives have been gone for a few years now, and yet, aside from a small dip at the end of 2022, EV sales in Norway continue to climb. At the end of 2022, 79.3% of all new cars sold in Norway were electric. By the end of 2023, that number is expected to exceed 90%, which gets Norway closer to its goal of 100% electric vehicle sales by 2025. Eventually, spotting an internal combustion vehicle in Norway will be as normal as spotting a 1980 Chevy Chevette on the I-95 Corridor in the U.S. This Pill Will âDefine the Next Decadeâ A new medical breakthrough smaller than the size of your pinkie is about to reshape human history. Because believe it or not, this tiny pill can eradicate every single sign and symptom of aging and disease... Which leaves you looking and feeling forever young. Donât believe it? [Check out this proof...]( Of course, whatâs truly interesting about EV growth in Norway is that EVs began to exceed sales of internal combustion vehicles back in 2019. [evbyeice] This, dear reader, is a peek into the future of transportation on a global scale. While few countries offer the same financial incentives as Norway, most countries do have some sort of EV incentives in place, including but not limited to China, France, the U.S., and India. And one day, those incentives will also disappear alongside internal combustionâs long-held market share. According to data from Morgan Stanley, by 2050, electric vehicles will account for 90% of global auto sales. For investors looking to make a few bucks in the transportation sector, the money will always be made where there is growth, not stagnation. EVs equal growth, while internal combustion equals stagnation. Speaking of growth, my friend and colleague Jason Williams has recently unveiled a backdoor income stream thatâs been created thanks to the growing electric vehicle market and the charging infrastructure needed to support it â [here's more on that newfound opportunity](. Lastly, the other day I recorded a short YouTube video for a new series that Angel Investment Research created called 5-in-5. I discuss the [latest activity in solar stocks, lab-grown meat, and the possible resurgence in pot stocks](. Be sure to check it out! To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( [[follow basic]@JeffSiegel on Twitter]( [EAC ICYMI Header]( American Automakers Secretly Plow BILLIONS Into Tiny Lithium Miners Traditional mining giants are failing to meet the soaring demand for lithium. Thatâs why automakers are now seeking exclusive deals with smaller mines before their resources run dry.For instance, General Motors poured a stunning $650 million into a little-known lithium mining company.And Ford has established a series of new partnerships with smaller lithium miners, including a Utah-based firm.These mega-deals with smaller lithium mining companies are being struck at an astounding clip... Yet a recent technological breakthrough in lithium extraction could be a game-changer for the industry. This cutting-edge process can extract lithium within a mere six hours, compared with the traditional yearlong process... And it enables access to lithium deposits that were previously considered unreachable. This seismic shift in tech could give rise to a new wave of millionaires, reminiscent of the fortunes made during the oil fracking boom. [Get the full details here.]( [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).