Categories: Energy Stocks
Topics: Lithium Stocks

Profit from the Army’s Electrification

Much has been said about the future of the automotive industry.

We all know electric cars are going to take the place of traditional combustion engine cars. It’s slowly becoming a reality thanks to incentives offered to consumers and expanded charging networks. 

So you’ll continue to see a growing number of EVs on the roads. 

But the same is also happening on battlefields all over the world. 

War is an unfortunate reality of the world we live in. Countless conflicts are raging at any given time. And those warzones are often some of the first places where cutting-edge technology is put to the test. 

That’s true for weapons and communications, but it’s also true for transportation. Especially in this era of the electrification of everything. 

The US Army is an example of that. Recently, it has been planning for all-electric vehicles in the future. 

In 2022, the service released its Army Climate Strategy. This set its goals for an all-electric, non-tactical vehicle fleet by 2035. Tactical vehicles will be fully electric by 2050, according to the plan. 

While those plans have been laid out and are being worked toward, for now, the Army is focusing on hybrid systems that can serve its needs today. 

Like consumers, Army leadership has to consider things like carrying capacity and how they're going to recharge their vehicles. Needless to say, charging military vehicles on a battlefield won’t be as simple as stopping at the nearest charging station. 

So hybrid vehicles are what they’re fielding now until fully-electric technology is viable at scale and able to meet their needs. 

That’s taking the form of vehicles like the XM30 Mechanized Infantry Combat Vehicle. This vehicle is being developed to replace the M2 Bradley, in service since the early 1980s. 

This new vehicle will run on a hybrid-electric drive and its development will be handled by the companies American Rheinmetall and GDLS, resulting in eleven prototypes each. 

It also led to the development of things like General Motors’ Ultium platform, its electric vehicle architecture, for warfighting machines of the future. The Department of Defense’s Defense Innovation Unit (DIU) selected GM to develop a battery pack that can be used for electric military vehicles and that will be part of this platform. 

These are just some of the earliest examples we’ll see of the electrification of America’s fighting forces. The DoD sees climate change as a critical threat because its effects can influence other issues, such as infectious diseases. So it’s taking its role in fighting climate change very seriously. 

The trend with electric cars will repeat here. The military’s shift to hybrid and electric platforms is going to spur demand for the lithium needed to power this technology. 

It’s happening now. That’s why investors are scrambling to get into the resource plays that will best benefit from this shift. One resource play, located in the James Bay region of Canada, sits on a lithium deposit big enough that it could become a household name among lithium suppliers. 

It has the potential for the kinds of gains that could set early investors up for life. But that can only happen if they get in right away. 

Learn all the details about this massive opportunity here and see why this little-known lithium play is about to do big things.

Ryan Stancil
Editor, Daily Profit Cycle