Investor Alert: McCain’s $300 Million Prize Offer Should Pump Up Shares Of Car Battery Developers
Submitted by EnergyTechStocks.com
Yesterday’s announcement by U.S. presidential candidate John McCain that the U.S. government should offer $300 million to anyone who develops a better car battery is about as impractical as they come. Given the liability issues involved, no automaker is going to consider putting a new battery in its cars unless it comes from a recognizable technology firm.
But as impractical as McCain’s idea is, it could have extraordinary public relations value for companies already far along in developing advanced automobile batteries. In essence, McCain has told millions of investors who don’t yet know anything about advanced car batteries that now’s the time to jump into this market.
As EnergyTechStocks.com has been reporting, more than a dozen companies are in a race to develop new lithium-ion car batteries for the coming generation of plug-in electric and all-electric vehicles that will start showing up in dealers’ showrooms in 2009, with an avalanche of new models possible as early as 2010. In addition to these battery development firms, a host of carmakers are jockeying to be the leaders of this revolution in personal transportation, the arrival of which is being hastened by the world’s growing realization that there isn’t enough oil to fuel the nearly one billion cars and trucks already on the road, much less the one billion more expected by 2050.
No investor can yet know which companies will be the really big winners of this race. But here’s valuable information about the leading contenders among battery developers and car manufacturers, as well as other likely beneficiaries of the coming era of electrified transportation (i.e., electric utilities): Investor Alert: Start Positioning Your Portfolio For The Electric Vehicle Revolution.
Here’s still more information to guide investors’ research:
How Execs at 30 Top Cleantech Firms Expect to Make Lots of $$ (Part 1 of 7) Electric Cars = the Next Mass Market Technology
New Lux Research Report: 3 Million Electric Vehicles a Year By 2012; Fuel Cells ‘Return From the Dead’; Li-ion Surges
(Part 1 of 2) Every Investment Decision You Make Should Start Here – Two Billion Vehicles by 2050
Foremost Plug-in Car Expert Felix Kramer (Part 1 of 3) – Explosion of Hybrid & Electric Cars Coming in 2010-2012
Investor Alert – Forget 2012. The Electric Vehicle Revolution Will Reach the United States in 2009
How Investors May Profit From China’s Eco-Crises (Part 1 of 2) – BYD Co.’s Unique Car Battery Strategy
Edmunds.com Consumer Car Expert Phil Reed (Part 1 of 4) – Mitsubishi’s Plug-in Vehicle ‘Sneaking Up on Everyone’
