Have You Seen This Big Scandal With the Postal Service?

Last week, I mentioned that one of my hottest recommendations was going after a lucrative contract with the United States Postal Service, which is planning to drop $6.3 billion to modernize its fleet.

The stock is Workhorse Group (WKHS), and it rocketed 7X higher on the electric truck craze. My subscribers have locked in average gains of 385% on two-thirds of our initial position – in less than two months!

After a huge exposé from Vice, it looks like USPS is now under even MORE pressure to get new electric versions of its trucks on the roads.

Tuesday’s Vice article pretty much speaks for itself:

Post Office Delivery Trucks Keep Catching on Fire

Hundreds of the iconic Post Office delivery trucks have caught on fire in recent years, thanks to a 30-year-old fleet and a manufactured budget crisis.

And just take a look at the photos the reporter dug up:

I guess they call it the “internal combustion engine” for a reason. The full story is here if you want to read about the mysterious Postal Service whistleblower… and the even more mysterious fires. It’s not clear if anyone was injured. Hopefully not. But basically, investigators think the old USPS trucks simply got old and malfunctioned – big time.

It really goes to show what a nightmare these trucks are to maintain. In 2017, researchers at the University of Leeds in the U.K. found that gas and diesel vehicles have twice the total cost of ownership as electric vehicles (EVs).

If you’ve been following me here in MoneyWire and in my investing services like Investment Opportunities, you’ll know why. EVs don’t have a bulky, complex engine with combustible fossil fuels running into it. All they have is a (large) battery and a simple electric motor.

Even when you’re looking at cars versus trucks, the maintenance costs are lower for EVs. In May, Car and Driver compared gas to electric versions of the Mini Cooper and the Hyundai Kona. Maintenance costs were 25%-30% lower for the EVs.

Then there’s the fact that governments from China to the European Union to California are mandating that automakers “go electric.” Volkswagen (VWAGY) sold 50,000 EVs in 2018 and 80,000 in 2019. It plans to be all-electric by 2026. General Motors (GM) is going all-electric, too, with 20 models planned by 2023!

A big inspiration for General Motors is all those electric trucks from Tesla (TSLA), Nikola (NKLA), and even Ford Motor (F). Like USPS, FedEx (FDX) and United Parcel Service (UPS) see that it’s time to upgrade their fleets… and that the future is electric. Naturally, carmakers want those fat contracts.

To really “electrify” the world, the next step is making the batteries safer.

That’s why in Investment Opportunities I’m big on solid state batteries.

With solid state batteries, we can banish all flammable liquids from our vehicles. The electrolyte inside is solid, not liquid. They’re smaller and lighter – so you can store more energy in the same space. And again, they’re much less likely to catch fire or explode!

Germany and Japan are spending billions to get next-generation batteries into mass production. That’s especially true of solid state, which was Toyota Motor’s (TM) goal for this summer (pre-COVID).

Then there’s Samsung. Remember its little problem with the Galaxy Note 7 catching fire? That was because of the lithium-ion battery inside. Now, Samsung has a solid state battery that gives EVs a range of up to 500 miles and can be recharged more than 1,000 times. That would be 500,000 miles from one battery, making it the most durable and impressive vehicle battery in the market.

You get the picture. And right now, a lot of small companies own the key patents to this technology. That makes them one of the most incredible investment opportunities around.

I’ve got six plays on solid state batteries in my Investment Opportunities newsletter. It’s one of our most profitable themes to date, with a 61.8% average return since January 2019 alone.

Go here to find out what you need to know about this revolutionary technology and be there every step of its growth trajectory.

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Click here to listen to Matt McCall’s MoneyLine podcast! This week, Matt asked his Twitter followers what stocks they wanted him to talk about… and they bombarded him with more than 100 tickers! He gives you his thoughts on 20 of them. Matt also talks about the red-hot electric vehicle sector and discusses the latest jobs number, which sent the Nasdaq to new all-time highs.

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How the 5G Breakthrough Can Make You Rich

The next trillion-dollar companies – the next Amazon, the next Google, etc. – are being hatched in research facilities and garages around the world. These firms will further change the world and revolutionize our economy.

Just as Apple, Google, Amazon, and Microsoft can’t function without the internet, the next generation of world-changing, $1 trillion mega winners can’t survive without the subject of this report… the super powerful infrastructure technology we call “5G.” Learn more here.

How to Make Huge Profits From the Shift to Transportation 2.0

The car as we know it is on the verge of a transformative change not seen since Karl Benz invented it nearly 135 years ago. In fact, the whole transportation sector is now poised for its version of 2.0.

I’m not exaggerating when I say this will lead to trillions of dollars in money sloshing around in the coming decades. What is coming will create one of the five biggest investment opportunities you’ll ever see in your life, no matter when you were born. Learn more here.

How to Cash In on the Biggest Battery Breakthrough in a Century

The next big breakthrough in battery technology is an innovation that will have multi-trillion-dollar economic implications. I can tell you this mega innovation isn’t a matter of “if,” it’s a matter of “when,” and I believe it will go down as one of the greatest inventions of the 21st century.

Those on the right side of this innovation stand to build incredible wealth… just like people did from the creation of the internet and the smartphone. Think of this as your “field guide” for profiting from the next big battery breakthrough. Learn more here.

Article printed from InvestorPlace Media, https://investorplace.com/moneywire/2020/07/have-you-seen-this-big-scandal-with-the-postal-service/.

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