Categories: Energy Stocks
Topics: Lithium Stocks

Government-Fueled Lithium Profits

One of the hallmarks of the Biden administration has been the creation and passing of the Inflation Reduction Act, which passed just over a year ago. 

The act was meant to accomplish several different things but one aspect it gets a lot of public attention for is its green initiatives. Like much of the world, the US is committed to fighting climate change, and part of that involves getting more people into electric vehicles. 

To help achieve that, it offers incentives to car companies in the form of tax breaks in exchange for manufacturing their batteries here on US soil. Not only does this help to make a more secure supply chain - a painful lesson from the pandemic - but it also helps the country loosen China’s monopoly on the creation of lithium-ion batteries. 

The plan can be seen as a massive success. We went from just two battery factories in 2019 to 30 either planned, being built, or up and running in the United States. 

The goal is to make it so that 50% of all new car sales are electric or hybrid by 2030. Every car company that sells their products in the US is spending money on whatever they think will help them beat the competition in the scramble to get more Americans into these vehicles. 

It wasn’t long ago that electric cars were seen as a novelty. You’d see maybe a few Teslas on the road, and that was it. In a relatively short amount of time, not only are Teslas everywhere but you can’t seemingly go a day without seeing EV offerings from many of the other big-name car companies. 

It really is nothing short of incredible how quickly the transformation has happened, and it’s just as incredible that this is only the beginning. 

While Americans who own EVs are a minority now, the numbers are going up. Electric vehicles make up a growing number of new car sales each year, and the goals and mandates many states have set means those numbers are only going to go up. 

Now, throw in the charging infrastructure that’s needed to keep these cars running; one of the biggest barriers to adoption is the current lack of places to charge an EV. An alliance of car companies recently announced that they are working together to build a charging network across the US. The goal is 30,000 stations by 2030. 

All of this is set to feed and grow demand, meaning that the battery factory construction boom is likely just starting to get underway. If things have come this far in only a year, it’s easy to imagine just what lies ahead. 

But none of this will be possible without the right materials. Namely, the lithium that powers the cars. 

While electric cars are a modern-day tech revolution, they’re powered by a key material that’s becoming increasingly hard to source. The increasing EV demand means we’re only going to need more of it. 

Us and the rest of the world. 

So it’s a scramble to secure enough lithium to put these cars on the road and reach those goals in the fight against climate change. 

That’s why you’re going to hear about one particular lithium opportunity. It’s an under-the-radar resource that is poised to make massive profits from the current lithium demand boom.

It’s a new grade of lithium that is faster, cleaner, and cheaper to produce. 

Gerardo Del Real has all the details you need about this play, why every car company under the sun is going to want a piece of it, and just how it can make investors the kind of returns that can help set them up for life. 

The company behind this resource already made one discovery that brought Gerardo and his readers gains of over 10,000%. They may just do it again. 

Because of soaring demand and the company’s track record, this is an investment play that won’t stay under wraps for long. 

Don’t delay. Learn all about the massive potential behind this lithium investment today.

Ryan Stancil
Editor, Daily Profit Cycle