Neil here.

No matter where you look, there’s no doubt that the electric vehicle market is booming.

Last year, investors poured $28 billion into both public and private electric vehicle companies. Scores of electric vehicle startups plan to go public (or have already gone public) via special purpose acquisition companies, or SPACs.

Top automobile companies are rolling out brand-new electric models with plans to completely transform the way we hit the roads. And that’s just the beginning of what’s to come.

But there’s a problem. To keep the electric vehicle market running smoothly – and growing as fast as it is right now – manufacturers need a key ingredient: batteries (specifically, lithium-ion batteries).

And right now, we’re on the brink of a serious battery shortage.

The world is quickly preparing for a massive shift from traditional gas to electric. And top experts predict that the demand for lithium-ion batteries will increase 10X by just 2030. That means battery production – everything from mining raw materials to its supply chain – will have to scale up, and fast.

If it doesn’t, we run the risk of creating a massive battery bottleneck and stalling the entire electric vehicle market altogether.

It’s a critical problem that needs an urgent solution. Because the truth is, all of the innovation we’re seeing in the electric vehicle space – from the smallest startups to the largest corporations – won’t matter if we can’t supply these vehicles with batteries to run.

It’s not a far-fetched prediction. This year, the automobile industry already took a hit, with a global chip shortage delaying production on more than one million vehicles across North America. And that’s for all vehicles, not just electric.

So, what needs to happen to ramp up battery production and keep the electric vehicle market running in the United States? The answer is clear: We need to figure out a way to produce these batteries cheaper, faster, and without relying on imported materials.

Luckily, there’s a company getting ready to do just that. I just heard about this today, and I knew the first thing I had to do was tell you all about – because time is of the essence with this one.

This is a company that’s currently listed on a foreign exchange that’s getting ready to go public on the Nasdaq any day now. It already shot up 1,147% on the other exchange in a year – and that one is worth pennies compared to the Nasdaq.

But the best part is, this company has found a way to supply companies that recreate electric vehicle batteries without the need for imported materials. In fact, their entire operation is located in the United States, meaning production will likely be cheaper and faster than ever before.

And like I said, any startup and corporation in the electric vehicle world will need components just like this to make it big. It’s the type of opportunity that could pour brand-new life into the space.

But I heard that this company could go public as soon as tomorrow, so just click here to learn all about it (and how you can play it, too).

I’ll be back soon with another update.

Until next time,

Neil Patel