Take a look at this picture...
Don't focus on the people, though, but rather what's on the white cart in the middle.
What you're looking at there is an electric vehicle battery, but probably not the kind you've seen before.
This battery, unlike the batteries you might find in a Tesla, Ford F-150 Lightning, or Chevy Bolt, contains significantly more power.
In fact, the power contained within this particular battery would be too strong for any electric passenger car. Even the most high-end Tesla on the market couldn't handle this thing.
But there's a reason for that...
You see, this battery was never designed for electric passenger vehicles.
This battery was designed for electric commercial buses, the fastest-growing sector of the electric vehicle industry.
According to Bloomberg, the electric bus market will exceed the growth rate of electric passenger cars because in almost all charging configurations, electric buses have a lower total cost of ownership than conventional municipal buses.
Globally, the electric bus market is expected to grow from 78,240 units in 2021 to 1,383,480 units by 2029, representing a CAGR of 43.2% (2022–2029). This exceeds the CAGR of the light passenger electric vehicle market.
With this kind of growth, the electric bus market will need something similar to the Tesla gigafactories, which now pump out millions of battery packs that are used in vehicles all across the globe.
Of course, Tesla isn't in the electric bus game. However, there is a company that's not only capitalizing on the demand for electric buses but also just completed what would be the equivalent of a gigafactory for electric buses.
In addition, this new electric bus "gigafactory" is also producing drivetrains and other ancillary systems incorporated into medium- and heavy-duty electric vehicles and equipment.
It's kind of like a super gigafactory!
And while electric buses may not be as "sexy" as a Tesla Cybertruck or a 500-mile range Lucid Air...
Neither of those companies has the profit potential as the first electric bus company to have an operational gigafactory for electric buses.
Folks, it's not the kind of news that'll hit the mainstream news, but it's the kind of news that every energy investor should be fully aware of.
With this new electric bus "gigafactory," the game has officially changed.
Not even the major automakers like GM (NYSE: GM) and Ford (NYSE: F) have such a production facility for electric buses. They haven't even started yet. But the electric bus company that got the first-mover advantage here is already pumping out these batteries — and doing so right here in the U.S., thereby allowing for all kinds of sweet government lucre.
Look, I don't make the rules. I just use them to get rich — and you should too.
The bottom line is there's no greater profit opportunity in the electric vehicle space than electric buses — and there's no greater stock to play than this one.
This is essentially the Tesla of electric buses but without the downside of public relations problems and an overvalued stock price.
In fact, this electric bus stock is actually trading at a slight discount right now. However, that won't last much longer, which is why I'm sharing this presentation that gives you all the details on the first electric bus company to build the first "gigafactory" for electric buses.
I'm convinced that once you take a look at the numbers, the revenue history of this company, and, of course, the backlog of contracts it has in hand, you'll be rushing to put your buy order in — while the stock is still cheap.
To your wealth,
Jeff Siegel,
Editor, Green Chip Stocks
P.S. President Biden has visited this EV company's production facilities, and he was blown away.
"It's amazing what's going on here," he said.
Biden is investing $370 billion into clean energy and electric vehicles as part of his Inflation Reduction Act.
And I believe this company could capture the lion's share of this cash.
I guarantee that 99% of investors don't even know this firm exists, even though it's based right here in America's heartland.
However, the folks who do know about this little EV gem stand to make a killing.
Get the full scoop here.
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