In 2010, EV car sales barely registered on the radar.
In 2016, sales had increased 477% to a massive 774,000 car sales. 2017 sales were between 1.1 and 1.2 million.
Simply put – sales presently are basically ‘zero’ compared to what they’ll be within the next decade.
According to Bloomberg estimates, because of economies of scale and improvements in technology electric vehicles will become cheaper than petrol and diesel engines by 2022.
And its at that point that sales will REALLY take off!
By 2030, EV sales will hit 100 million cars a year.
That’s 100 fold growth in twelve years from now!
2039 will see sales hit 400 million cars a year. That’s FOUR HUNDRED FOLD GROWTH from current levels!
We’re talking a market that could be worth TRILLIONS. Not one trillion or two trillion dollars. MULTIPLE TIMES of that!
The electric car revolution is here to stay
A 2012 study by oil producing companies put electric cars at 1.2% of the global vehicle fleet in 2035.
By 2015, these same companies revised their forecast upward to 6%. That means they were wrong by a factor of FIVE TIMES in a mere three-year period. I believe these figures are still a bit conservative…
According to Morgan Stanley’s “Global Autos and Shared Mobility” team of analysts, electric cars will take over the world.
A recent article by the MIT Technology Review states that “Electric vehicles will become a more economical option than internal combustion cars in most countries in the next decade.”
South Africa doesn’t sport any electric car producers on our stock market. But I’ve uncovered a ‘backdoor’ opportunity to profit.
You see, I found a little known company that produces a crucial part for the world’s largest electric car manufacturer. And as car sales rise, so will demand for this part.
In fact, this exclusive contract could put this company on the map as the ‘go-to’ producer for the entire industry…
I’ll be releasing full details on this company and 4 others tomorrow 8 February, so watch your mail closely… These stocks are going to move and when they do it will be fast. We’re on the precipice of one of the largest trends in our lifetimes. And you don’t want to miss it.
Here’s to unleashing real value