There's a reason the EV industry hasn't taken off like analysts have predicted. In fact there are several. Jason Williams explains the catalysts that will accelerate adoption. There's a reason the EV industry hasn't taken off like analysts have predicted. In fact there are several. Jason Williams explains the catalysts that will accelerate adoption. [Wealth Daily] Jason Williams / Dec 26, 2022 Whatâs Holding the EV Industry Back? Greetings and welcome back to the grind. I hope you had a good Christmas if you celebrate it. I hope you had a good weekend if you donât celebrate Christmas. Either way, I hope youâre doing well as this crazy, tumultuous, and often painful year comes to a close. Our offices are closed to give everyone a little more time to enjoy family or just relax a little bit. So Iâm writing this in advance, and thatâs a tough task in general. Everything moves so fast these days itâs hard staying on top of it all from day to day, let alone from week to week. And itâs a Herculean task in a financial world where major indexes like the Dow Jones, S&P 500, and Nasdaq can jump or drop several percent within a day. So Iâm going to stick with a broader topic Iâm sure will still be as timely when youâre reading this as it is while Iâm writing it. And Iâm going to talk about two of the main dilemmas keeping EVs from mass adoption⦠Outdated Technology Both of them come down to the fact that weâve built this entire industry on what amounts to outdated technology. Itâs kind of like how the jets we travel the skies in havenât really changed that much in over 50 years. But itâs worse⦠The battery was invented in 1800 and the electric motor a few decades later in 1834. Itâs called a âfuturisticâ industry, but itâs operating on concepts that are nearly 200 years old. And thatâs a HUGE reason why EVs make up only less than 1% of the cars on the road around the world. Theyâre based on old technology that just doesnât work that well in the modern world. New Robot Has Tech Execs Scrambling You might not believe this is even real, but I assure you this video has been left unedited. Nearly every tech company in the world is scrambling to get its hands on this tech. And investors are set to profit handsomely. Get the details on [our Top 3 Stocks Picks here.]( These Old Batteries Are Dead Even lithium batteries, invented in 1976, are woefully unprepared to power this industry to the heights weâre told it will reach. Theyâre heavy. Theyâre expensive. Theyâre volatile. They donât last that long. And theyâre reliant on a material thatâs controlled by China. Iâm not really ready to bet that Emperor Xi is going to come to the rescue when my Tesla battery needs to be replaced. And Iâd bet a whole lot of other people out there arenât either. But itâs not just the batteries that are holding the industry down. Remember, the electric motor was invented in the 1800s too⦠You Call That a Motor? And since its invention in 1834, it really hasnât changed at all. It consists of a coil of copper wire that surrounds a magnet. Electricity runs through the wires and creates a charge that causes the magnet to be attracted to them. The charge flows through the wires around the circle they create. And the magnet spins as it follows the charge. Itâs incredibly simple and hasnât changed since before the Civil War. Itâs old. Itâs inefficient. And itâs keeping the industry from really being able to challenge gas-powered vehicles for dominance. [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela
- Saudi Arabia
- Canada
- Russia Think you know the answer? [See if youâre right!]( Thereâs Always a Silver Lining But thereâs good news for the EV industry and the people convinced itâs going to end the threat of climate change. And that news comes in the form of two publicly traded companies that are addressing those very same flaws holding EVs back⦠In essence, theyâve figured out how to build a better mousetrap. One has taken the original design for the electric motor and modernized it. And [the new motors it's putting out]( provide more power and require less energy than anything thatâs come before them. These motors are going to completely revolutionize the EV industry. And once theyâre being built at scale, I expect them to appear in every EV that rolls off an assembly line. Then there are the companies making better batteries. Some are working on ways to use lithium more efficiently and effectively. But the really exciting ones, [like this one](, have figured out how to eliminate lithium from the mix entirely. That means their batteries arenât explosive or expensive, but they still pack the same kind of punch you can get from a lithium-ion one. EVs Are Coming, Just Not the Ones You Thought Itâs companies like those that hold the power to [save the EV industry]( and [supercharge the EV revolution](. Without their technology, electric vehicles will always be nothing more than a novelty. And even massive companies like Tesla will become a footnote in the annals of history. But with their technology, EVs could finally displace gas-powered cars as the dominant means of transportation for the entire world. And the early investors who help these companies reach their targets will be incredibly well-rewarded. Will you be one of them? I know I will. To your wealth, [jason-williams-signature-transparent] Jason Williams [[follow basic] @TheReal_JayDubs]( [[follow basic]Angel Research on Youtube]( After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of [Main Street Ventures](, a pre-IPO investment newsletter; the founder of [Future Giants](, a nano cap investing service; the editor of [Alpha Profit Machine](, an algorithmic trading service designed specifically for retail investors; and authors [The Wealth Advisory]( income stock newsletter. He is also the managing editor of [Wealth Daily](. To learn more about Jason, [click here](. [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}.
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