1 recommended stock picking service What Is Ian King’s No.1 EV Stock?ĭuring Ian King’s most recent 2021 presentation on the Banyan Hill Publishing website, he says there’s one company that “will be essential to the entire American EV industry.” And he describes it as his “No.1 stock” set to benefit from the “coming revolution” of electric vehicles.Īnd I believe the company he’s referring to is MP Materials (MP). And in the next section, I’ll share my guess with you. Well, based on the clues Ian provides in the presentation, there’s really only one company it could be. So I’m reasonably confident this is the material he’s referring to. And from what I can gather, it’s mostly used in things like EV motors and batteries.Īlso, this material matches the appearance of the granules shown in the vial Ian King holds up in the video. It’s essentially a combination of two rare earth metals that are used together to make high-strength, permanent magnets for electric vehicles. He also says the material is “virtually indestructible” and “can withstand heat up to nearly 400 degrees Fahrenheit.” These are the main clues he provides.Īnd, while I’m not an expert on rare earth metals, based on my research, Neodymium-Praseodymium seems like a pretty close fit. Well, Ian King says this material is used to make the “special magnets” found in electric vehicles. Regarding the material he talks about, I believe Ian is referring to a rare earth metal known as Neodymium-Praseodymium (NdPr) oxide. But as usual, I did some digging to find out. There’s a lot of mystery surrounding both the material and the company that supposedly makes it Ian doesn’t reveal either. What “material” is Ian King talking about? However, according to Ian King, there’s “one thing that could stop the EV revolution dead in its tracks.” He says without it this 12X growth wouldn’t happen.Īnd it all has to do with a “material” he holds up in a vial during the video presentation and the one company that makes this material in the U.S. And based on the numbers, 12X growth seems about right.
The study forecasts the number of EVs sold globally will rise to nearly half of all passenger cars by 2030. But I did some research on his claims, and according to Wikipedia, “Sales of plug-in passenger cars achieved a 4.6% global market share of new car sales in 2020.” And it seems as though he’s basing the “half of all cars sold in the world will be an EV” part on a study by Canalys. But times are changing, and it’s becoming increasingly apparent that EVs are the future.ĭoes that mean we’ll see the industry 12X by 2030? If he’d said that ten years ago, I don’t know if many would’ve believed him. And how multiple car manufactures are switching over to focusing on EVs.
are looking to ban gas-powered vehicles by 2035. He even goes as far as to say that this growth is “practically guaranteed” given how some countries and states in the U.S. That’s 1,150% - or 12x - growth in less than a decade! Source: However, despite the advancements in tech and gains investors have made, Ian says that the “EV industry is still in its infancy” and that we could see a 12X growth by 2030.īy 2030, experts predict the EV market share will increase from 4% to 50%. He does this to illustrate how far EVs have come over the past 25 years or so and points out how well investors have done by placing bets on companies like Tesla and NIO. And how Tesla’s Model 3 costs around $35K, takes 30 minutes to charge and goes 350 miles. He points out how the EV1 cost twice as much as a regular car, took eight hours to charge, and only went 100 miles. Ian King begins the presentation by comparing an electric vehicle made by GM in 1996 called the EV1 with a Tesla Model 3. I’ll also give you the heads up about the advisory service he’s pitching, Strategic Fortunes, to help you decide if it’s worth joining.īut before we get to that, let’s break down Ian King’s “1,150% EV Revolution” prediction. I also know of another stock he’s bullish on related to EV charging stations, based on my research of another presentation he recently released.Īnd in this post, I’ll share both stocks. And I believe I’ve figured out the stock he’s referring to. I was curious to know what this “material” was and what company Ian was so bullish on, so I decided to take a closer look. He describes this company as his “No.1 stock to benefit from this coming revolution.” In short, Ian believes that the EV industry is set to 12X by 2030 and says there’s one company that produces a “material” that makes it vital to the future of American EV production. I’ve been getting numerous emails from Banyan Hill lately that have led me to Ian King’s latest presentation about a “1,150% EV Revolution.”
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