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This is the new Chevy Silverado EV, which is debuting with a 450-mile-range battery.
To put that in perspective, a gas-powered 2022 Chevy Silverado (four-wheel drive and automatic) will give you 432 miles on a full tank of gas. I do believe this is the first time we've seen an electric version of a pickup truck deliver a longer range than its gas-powered counterpart.
Of course, the devil is in the details.
Even if the new Chevy Silverado EV boasts a longer range than the gas-powered Chevy Silverado, it still only takes about 5 minutes to refuel the gas-powered version, while the electric version will take closer to 30 minutes.
But one day soon, those 30-minute charge times will be a thing of the past.
In fact, there's a new electric car coming to market this year that doesn't even need to be plugged in.
It's called the Aptera, and integrated into the body of the vehicle are high-efficiency solar cells that can provide enough electricity to power the vehicle for 40 miles.
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And while 40 miles may not seem like much, according to the Bureau of Transportation Statistics, the average driver in the U.S. drives 29 miles per day. So for those who fall into that category of "average driver," you're looking at an electric car that will never have to be plugged in, and that essentially means free "fuel."
But that's not the best part.
You see, some engineers I've spoken with tell me that they see no reason why future generations of electric cars won't be able to travel in excess of 200 miles just on integrated solar power alone.
There are some electric cars today that can't even get 200 miles on a regular charge from a charging station.
This is a huge deal because with an integrated solar roof, the concern of "range anxiety" disappears. Your car will literally "refuel" while it drives. And this is why a number of carmakers are now actively looking to integrate these solar cells into their own electric vehicles. I'm talking about the big dogs, too — GM, Ford, Tesla, and Toyota.
Good news for us: There's only one company with solar cells that are strong enough and durable enough to power this new generation of electric cars — and you can buy shares of it right now on the cheap.
Climate FAIL Means "Free" Cash for Americans
Our government has pledged to install 500,000 new EV chargers nationwide as part of their "2030 climate goals"...
But they've just realized they don't have the resources to do so!
As a result, the White House has been forced to pay a HUGE sum to a small clique of "special companies" — so they can get the job done on time.
The only caveat? These special companies MUST share their profits with everyday Americans like you.
If you know how to claim a slice of this bounty, you could make up to $34,200 in easy, passive income this year.
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That's exactly what I recommend you do today, as we're getting word that this particular solar company could be just days away from announcing a new contract with one of the major carmakers looking to integrate solar roofs into their electric vehicle designs.
Once the news on something like that gets released, you can be certain that this solar company's stock will go through the roof. And, of course, you want to get in before that news is released. So I put together a short investment report on this solar stock that will not only show you why this is the only solar company that can power a new generation of electric cars but why nearly every major automaker is looking to use this company's solar technology to power its electric cars.
I know the idea of a solar-powered car may be hard for some folks to wrap their heads around...
But here's the interesting thing — 75% of this particular solar company is owned by institutions and corporate insiders. In other words, this thing is predominantly owned by smart money.
If the smart money can wrap its head around the idea of solar-powered electric cars, it shouldn't be hard for us to do the same...
Especially when you consider there's only one solar company that can provide the necessary technology to make solar-powered electric cars a reality.
Not to sound cliche, but this is easy money, so you might as well get some of it.
To a new way of life and a new generation of wealth...
Jeff Siegel
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@JeffSiegel on Twitter
Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor's page.
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