The EV Revolution won’t go “electric” until we make better batteries
- The plain truth about the EV Revolution is that everything won’t go electric until we make better batteries.
- If we want our phones, watches, and electric cars to last longer and charge faster, we need a fundamentally different battery. That breakthrough is the solid-state battery.
- By addressing the two largest short-comings of solid-state battery chemistry, QuantumScape has positioned itself to create a new class of EV batteries. And by doing so, its stock has big-time “Millionaire-Maker” potential.
Editor’s note: “QuantumScape: The ‘Forever Battery’ Stock With Millionaire-Maker Potential” was previously published in March 2023. It has since been updated to include the most relevant information available.
Imagine having a $10,000 investment that grew to over $40 million dollars. Well, let me let you in on a little secret. The best way to become a millionaire is to invest in a small group of startups with founders who believe their company can change the world.
Anyone can do this. But the difference between “anyone” and those who become millionaires is the discipline to buy, hold through intense volatility, and wait for the company to indeed change the world.
If you’d done that with computer stocks like Microsoft (MSFT) and Apple (AAPL) in the 1980s, you would’ve turned your $10,000 investments into more than $42 million today:
Had you done it with internet stocks like Amazon (AMZN), in the late ’90s, you’d have turned $10,000 into more than $10 million. Had you done it with cloud stocks like Netflix (NFLX) in the late aughts, you’d have turned $10,000 into a cool $2.5 million today. While, in the early 2010s, a $10,000 investment into electric vehicle (EV) powerhouse Tesla (TSLA) would be worth more than $1 million today.
We’re literally talking about “Millionaire-Maker” opportunities here – not the 7% per year you get with an index fund or the 3% dividend yield you get with Coca-Cola (KO). At that rate, you could still turn $10,000 into a million bucks… by 2091.
Most folks don’t want to wait until their rolling in their graves in 2091 to become millionaires. That’s why we’re all about turning thousands into millions by taking big bets on small companies with world-changing potential.
And today, I’d like to introduce you to one of our favorite potential millionaire-maker stocks.
A New Type of Battery to Change the World
One of the world’s most hyped-up investment megatrends these days is the Electric Vehicle Revolution. That is, investors and consumers alike seem convinced that the world is rapidly shifting toward electric cars, busses, planes, and more. Everything’s going electric!
But the plain truth about the EV Revolution is that everything won’t go electric until we make better batteries.
To understand why, let’s take a quick trip back to chemistry class…
Batteries comprise three things: a cathode, an anode, and an electrolyte. Batteries work by flowing ions between a cathode and anode through the electrolyte.
Conventional lithium-ion batteries are built on liquid battery chemistry. That is, they comprise a solid cathode and anode, with a liquid electrolyte solution connecting the two.
These batteries have worked wonders for years. But due to the physical constraints of dealing with a liquid electrolyte, they are now reaching their limit in terms of energy cell density. That basically means that if we want our phones, watches, and electric cars to last longer and charge faster, we need a fundamentally different battery.
That breakthrough is the solid-state battery.
With solid-state batteries (SSBs) the name pretty much says it all. Take the liquid electrolyte solution in conventional batteries, compress it into a solid, and create a small, hypercompact solid battery that lasts far longer and charges far faster.
Of course, the implications of SSB chemistry are huge.
Solid-state batteries will make our phones hold a charge for days at a time. They’ll enable our smartwatches to charge in seconds. And, yes, they’ll power electric cars that can drive for thousands of miles on a single charge.
That’s why SSBs are dubbed by insiders as “forever batteries.” It’s why these forever batteries are the critical technology needed to propel the EV Revolution into its next phase of supercharged growth.
QuantumScape: The Company Solving the “Forever Battery” Challenges
While the theory behind solid-state batteries is super-exciting, the application of such next-generation batteries has been essentially non-existent to-date.
Why? Two major challenges.
First, solid-state batteries are exceptionally expensive to make. Second, they tend to short-circuit because of something called “dendrites.” These are cracks that form in the solid electrolyte substance over time.
But an exciting and promising tech startup by the name of QuantumScape (QS) is solving these problems as we speak. And it’s turning the promising theory of solid-state batteries into a disruptive reality.
Specifically, QuantumScape is a solid-state battery maker that has developed a novel breakthrough technology platform solving the cost and performance challenges of SSBs.
QS employs an anode-less battery cell design that eliminates anode manufacturing costs, bringing its all-in battery costs to 17% lower than all-in costs for traditional lithium-ion batteries. QuantumScape also developed a streamlined process for sourcing its materials, which should allow for scalable and cost-effective battery manufacturing.
Meanwhile, the company’s proprietary design includes a ceramic electrolyte with high dendritic resistance. And therefore, QuantumScape’s batteries don’t have dendrite problems.
Thus, by addressing the two largest short-comings of solid-state battery chemistry, QuantumScape has positioned itself to create a new class of EV batteries. Batteries that are cheaper, last longer, charge faster, and are overall a better solution than the Lithium-ion status quo.
On the basis alone, QS stock has Millionaire-Maker potential.
QuantumScape Is More Than Just Talk
In December 2020, QuantumScape released performance data for its solid-state battery technology, which broadly underscored that these batteries are a complete game-changer.
The data, based on testing of single-layer battery cells, shows that QuantumScape’s batteries can do the following:
- Charge very quickly: You can recharge them up to 80% capacity in just 15 minutes.
- Last “forever”: These batteries are capable of traveling hundreds of thousands of miles.
- Work in any condition: QS’ batteries worked even in a test at -30 degrees Celsius.
And that was just data based on single-layer testing.
In late 2021, QuantumScape illustrated that its forever battery performed in 4-layer formats up to 800 charging cycles. A quarter later, the company scaled successful results to 10-layer batteries up to 800 cycles. And last year, QuantumScape successfully demonstrated its 16-layer battery’s successful results at over 500 cycles. Those are total game-changing features in the EV battery world.
Plus, this past December, the company shipped its first 24-layer prototype lithium-metal battery cells to automotive manufacturers for testing. This is a major step toward the commercialization of solid-state batteries.
Need I say more? Solid-state batteries have arrived, and they’re going to change the world. Now is the time to buy the stocks powering this world-changing battery revolution.
QuantumScape stock is one such stock. But it is far from the only one…
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The Final Word
Solid-state batteries are the future, and they represent one of the most promising technological breakthroughs of the 2020s. Just like computers represented one of the most promising technological breakthroughs of the 1980s; the internet represented one of the most promising technological breakthroughs of the 1990s; the cloud represented one of the most promising technological breakthroughs of the 2000s.
Had you bought the stocks when they were still in the early stages of changing the world, you would’ve turned a comparatively small $10,000 investment into multi-million-dollar paydays.
Unfortunately, you can’t go back in time. Fortunately, history is doing what it does best – repeating itself. Now you have another shot to get it right… another shot at making millions through big bets on tiny stocks.
Mark my words: Some of the stock market’s biggest winners in the 2020s will be solid-state battery makers. QuantumScape projects as one of those mega-winners. But it won’t be alone. In fact, it may not even be the biggest winner…
Rather, that title may be reserved for one of the other high-growth EV and battery makers we’ve been watching for the past several months.
Uncover the potential fortune-minters at the epicenter of one of the biggest technological revolutions in history.
This post originally appeared at InvestorPlace.com.
On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.