Neil here. We’re staring one of the country’s most important deadlines right in the face – and we don’t have much time left to make the changes necessary to meet it.

Yesterday, President Joe Biden announced that around half of all new cars sold in the United States should be fully-electric, hydrogen-powered, or plug-in hybrids by 2030. That’s less than nine years away.

Now, don’t get me wrong. I’m all about these changes. They come in the wake of an electric vehicle market that’s absolutely booming this year.

Electric vehicle sales in the United States jumped 81% in 2021 alone. We’re on track to sell around 1.2 million electric and hybrid cars this year – and experts predict that by 2030, we’ll have 145 million electric vehicles in use around the world (some even put that number closer to 230 million).

And with 71% of drivers reporting they’d be interested in switching over to electric – and with electric car prices dropping every single day – I have no trouble believing that the United States has what it takes to hit those milestones.

We just have to make one major change – one that will make the transition to electric vehicles much cheaper and faster for everyone across the board.

We need to bring electric vehicle production – from start to finish – back to the United States.

Think about batteries. They’re essential to the electric vehicle industry, but producing them relies on critical raw materials currently dominated by foreign markets. Right now, for example, China has mining access to 66% of the 30 critical raw materials (think lithium), and importing them here is expensive.

Luckily, there are already plenty of viable solutions in the works. There’s actually one company that’s created a way to recreate electric vehicle batteries without needing to important foreign materials at all.

In fact, their entire operation is located in the United States – and by my research, they’re the only company out there that’s achieved this kind of technological breakthrough. It’s not a startup, but it is a small company currently listed on a foreign exchange – where it shot up 1,147% over the last year.

It’s expected to hit the Nasdaq any day now in a rare dual-listing – and it could mirror its own past performance once it does (check out more details over here).

Now, this company’s research group already signed a 10-year deal with Tesla, a company with a history of partnering with smaller companies – private and public alike – to advance their technology and ironclad their market share.

Earlier in the summer, Tesla spent $3 to purchase patent applications from a tiny startup called Springpower International, in an effort to cut lithium-ion battery prices by 50% and make the production process cleaner. It’s also rumored that Tesla acquired Springpower outright – but neither company has confirmed or denied this yet.

But listen. Here’s the biggest takeaway from all of this:

Solving the problems that exist within the electric vehicle industry – and bringing EVs to market faster – will rely on companies like the ones I mentioned above stepping up to the challenge of getting the job done.

And as an angel investor, this is one of the most exciting opportunities I’ve seen this entire year.

You’ve heard me say before that it takes anywhere from three to 10 years for an angel investment to mature. In other words, startup investing is extremely future-focused.

It’s about deciding what company is going to make the biggest splash years down the line and getting in years before it really does. In this case, by the time those 2026 and 2030 electric vehicle deadlines come around, today’s earliest-stage startups could be well on their way to an exit.

The bottom line? Add a startup in this sector to your portfolio today. The electric vehicle industry is growing at a CAGR of 21.7% right now – meaning the longer you wait, the larger the industry will be, and the smaller your potential return could be.

One to check out right now? Try this one. Review the campaign page and let me know what you think.

Have a great weekend, and I’ll be back soon with another update.

Until next time,

Neil Patel