This Is Why the EV Is Doomed

Electric vehicles have a big problem, and it’s not going away. But imagine what would happen to the EV market if someone invented a fuel that could be used in a traditional internal-combustion engine block but produced no emissions. Well, you might not have to imagine much longer… Electric vehicles have a big charging problem, and it’s not going away. But imagine what would happen to the EV market if someone invented a fuel that could be used in a traditional internal-combustion engine block but produced no emissions. Well, you might not have to imagine much longer… [Wealth Daily logo] This Is Why the EV Is Doomed [Alex Koyfman Photo] By [Alex Koyfman]( Written Jun 24, 2021 Dear Reader, At this point, we've all accepted it as an inevitability. Either with joy, with suspicion, or with downright contempt, we're fully expecting that within the next 10–15 years electrical vehicles will supplant their fossil-fuel driven parents and grandparents as the No. 1 method for motivating the transportation of humans and objects. Multiple major carmakers have already set dates for ditching their internal combustion lines. GM has promised to go 100% electric by 2035, Volvo is aiming for 2030, and Jaguar has set 2025 as its cutoff for building gas/diesel-powered models. That's less than 3.5 years away! Just imagine, a car company that has been making gas-driven cars since 1922, that has built a name and legendary reputation on racing those cars, is now just 40 months away from completely ending that tradition. And that's just from the corporate end of things. Legislators are only too eager to help this trend move along. The U.K. has a ban on the sale of gas and diesel cars set to go into effect in 2030, with France set to follow suit in 2040. Other nations with either proposed or planned bans on fossil fuel-driven vehicles include China, Japan, Germany, Spain, South Korea, and Denmark. All told, more than 75% of the world's population now lives in places where the government unambiguously supports an EV-only future. Too Big to Fail? So yeah, if we've come to collectively accept an image of what transportation might look like in the years to come, it's not without cause. The problem is, the whole thing just might fall apart completely. You see, EVs suffer one problem universally. No, it's not lame, generic style or bad performance. Those cliches were wiped away when Tesla SUVs started crushing Lamborghinis on the drag strip. The problem (as the EV owners among you may have guessed by now) is charging, and it's not going away. This New Battery Could Dethrone Tesla [twa electric glass finger]( A brand-new type of battery is about to flood the markets and dethrone Tesla forever. This battery is up to 10 times more powerful than Tesla’s famed lithium-ion battery and is absolutely tiny — roughly the size of a drop of water. This is a rare second chance to take part in a world-shifting innovation. [Click here to see the details.]( Right now, the absolute fastest you can charge your Tesla to go 170 miles is 30 minutes on a 480-volt, 300-amp Level 3 supercharger — the kind you commonly see at rest stops. That sounds nice, but when you're trying to drive long distances in a hurry (across a region, for example) or, like so many of us, just too scatterbrained to have thought ahead, 30 minutes might not be quick enough... And that's only if a Level 3 charger is available. What's more common for Tesla owners is a 240-volt Level 2 station at home, which will take between six and 30 hours to fully charge your vehicle. That translates into a driving range of 9–50 miles per charging hour. Not quite so nice anymore. For those who decide to skip the Level 2 charging station installation at home and want to chance it with a standard 120-volt Level 1 wall plug, a full charge will take four days. That translates into about two miles of driving range per hour of charge time through a standard outlet. You are literally better off walking at that point. Welcome to the Great Illusion Right now there are only about 2,500 Level 3 supercharging stations in operation across the world, with a total of about 25,000 chargers. This number is growing, but without a transformative breakthrough in battery technology, a breakhrough that would have to make all current EV battery arrays obsolete, that 30-minute time figure isn't going anywhere. Now, let's look at the outgoing champion: liquid fossil fuel. There are over 115,000 filling stations in the United States alone. Average total fill time at these stations: about three minutes. This single factor has started a quiet trend in the EV industry that has the boards of directors over at Tesla (NASDAQ: TSLA), GM (NYSE: GM), Daimler, (XETRA: DAI) and Toyota (NYSE: TM) awake at night. One in five EV buyers has, within the first five years of EV ownership, gone back to a gasoline/diesel alternative. That's a 20% dropout rate, despite the fact that our entire culture is screaming at us to march in this direction... and these aren't just average people changing their minds, either. These were "early adopters" — people who are more passionate, daring, and stubborn when it comes to their major life decisions. If the charging problem is big enough to dissuade that crowd, what will it do to all of the less confident later adopters in the next five years? A Brand New Internet Is Coming This December [This is it](... the beginning of the future. On December 5, 2021, a brand-new, revolutionary form of the internet will finally make its debut. Nothing will be the same when it’s all over. No street, no building, no car, no human will go unaffected. It could be the greatest technological leap forward since the advent of television, and it’s all in the hands of a single [Arizona-based tech company.]( What If There Were Another Way? That's how things are now, as they stand... But what if a major wrench were thrown into the works of the EV propaganda machine? Let me get specific... Imagine, for a moment, what would happen to the EV market if one day, somebody somehow invented a fuel that could be used in a traditional internal-combustion engine block but produced no emissions... A fuel that isn't refined from oil and is therefore immune to the national bans coming to Europe in the next couple decades. What do you think would happen to the EV market then? Well, you might not have to imagine much longer. Such a fuel exists today. It's existed for decades, in fact, but due to the difficulty and expense of production, it was simply never a viable alternative to gasoline. Thanks to recent advances in technology, however, this fuel can now be produced cheaply, efficiently, and with zero impact on the environment. All it takes is air, water and electricity, and [it can be made anywhere]( — even in places where no gasoline filling station can be built. At the moment, there are no cars in production that run on this liquid, but there is one major industry that's considering switching to it entirely as part of a massive carbon neutralization campaign: heavy shipping. Within a couple years, I wouldn't be surprised to see it available at filling stations. For those who just can't part with their gas-burning vehicle, retrofit kits will become available, allowing drivers to switch back and forth as availability dictates Now, here's the most important part. A Goliath-Killer Arrives The company behind this world-changing tech isn't some multinational, energy industry giant. It's not one of the big carmakers or global tech brands either. It's a relatively [tiny company]( trading publicly on exchanges in the U.S. and Canada. Its valuation is minuscule — less than $50 million — as it's still largely unknown outside industry circles, but that's all going to change very soon. There's already a major manufacturing partnership in place, and headlines are starting to pile up. With the heavy shipping industry now looking at the fuel as a replacement for marine diesel, things could get interesting very soon. I saw this for the first time earlier this year and rushed a presentation into production to make sure that our readers have [the latest on this game-changing company](. You can get instant access [right here](, absolutely free. Don't wait another day. [Click here and get informed](. Fortune favors the bold, [alex koyfman Signature] Alex Koyfman [[follow basic]@AlexKoyfman on Twitter]( His flagship service, Microcap Insider, provides market-beating insights into some of the fastest moving, highest profit-potential companies available for public trading on the U.S. and Canadian exchanges. With more than 5 years of track record to back it up, Microcap Insider is the choice for the growth-minded investor. Alex contributes his thoughts and insights regularly to [Tech Investing Daily](. To learn more about Alex, [click here](. Browse Our Archives [How the Rich Stay Rich]( [3 Powerful Market Indicators Are Flashing "BUY" for This One Stock]( [The Demand for Cybersecurity Sets the Tone for SentinelOne’s IPO]( [Kraken Learns From Coinbase’s Public Debut]( [My Favorite Stock Right Now]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. 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