Global EV penetration is expected to rise to 40% by 2030, with the number of EVs predicted to reach 26 million units by 2026. According to industry expert Bruce Cheng, global EV penetration will hit 17% in 2023, 24% by 2024, and almost 33% by 2025. With these projections, it’s no surprise that investors are keeping a keen eye on the automotive and energy sectors. But, there’s one company that has caught our attention. This company is poised to meet the surging demand for electric vehicles and high-intensity battery applications, making them a prime contender to reap the benefits of this booming industry.
So, who is this mystery company? Find out in today’s trade alert as we uncover their innovative solutions and why they could be a key element in the future of electrification.
Buy this $5 Stock ASAP!
After nearly a decade of research and development…
Apple is preparing to unveil a brand-new device unlike anything it’s ever attempted before… code name: Project Titan.
It could be 10X bigger than the iPad, the MacBook and the iPhone combined…
This tiny $5 tech company is perfectly positioned to help Apple make it all possible.
[Click here to get the full story behind Project Titan, plus details on the $5 stock that could soar 40X once this revolutionary Apple device goes live! >>]
Sociedad Química y Minera de Chile (SQM)
Global demand for lithium is expected to surge more than 500% by 2030 according to public-private alliance Li-Bridge. Sociedad Química y Minera de Chile has tremendous lithium production capabilities and current reserves. Operating in one of the more stable and reliable low-cost mining countries in the world, Chile, SQM is also highly profitable.
Shares have dipped 10% in the past 6 months thanks to fears of an economic slowdown. While that is a legitimate risk for 2023, over the longer haul, lithium should remain in high demand. SQM shares are changing hands for less than 7 times forward earnings while offering a nice 9% dividend yield.
You might also like:
- China to attack the Dollar on Jan. 6?
- Federal Reserve predicts 24,290% from here
- Buy this AI Stock before January 1
- Congress Just Fast-tracked New A.I. Energy Breakthrough
- Elon Musk: THIS will be bigger than Tesla
- The Cold, Hard Truth About A.I. Stocks
- EV charging stations that pay you up to $93/day!
- Legendary Wall Street Stock-Picker Names #1 A.I. Stock of 2023, Live On-Camera
- Missed NVIDIA? Don’t Miss This ‘Great $2 AI Moonshot’ Opportunity
- No 1 Stock to Buy ASAP