*THIS* EV Could 4x & Outperform Tesla [and EV News].

hey everyone meet kevin here in this

video we're going to talk an eevee

update electric vehicle update we're

going to talk tesla neo but most

importantly we're going to be talking in

this video about a potential

newer company that we haven't talked

much about on this channel it is a spec

that merged earlier this year it's only

got about a two billion dollar valuation

and folks there could be some potential

upside in this particular company

because it's been flying under the radar

but they're doing some pretty incredible

things so let's get right into talking

about this right after i mentioned that

you should check out the programs on

building your wealth link down below

with a coupon code expiring when my

birthday comes up i'll be 30 soon so

check those programs out price will be

going up on those programs on building

your wealth okay look first update that

we've got as the following electric

vehicles there's a fun fact here killed

1.5

million barrels per day of oil demand in

2021.

now even though investing in oil has

been phenomenal over the past a year

because commodity prices especially

energy prices are up 30 to 40 percent

oil natural gas and they've only

recently started inflecting the downside

this has led stocks like exxon mobil to

do extremely well

evs are taking a bite out of oil demand

1.5 million barrels per day in 2021

we're expecting that to substantially

balloon over the next of four to five

years

uh folks tesla the neo and then this uh

smack we're gonna talk about tesla tesla

won approval to build more test cars and

it's yet unfinished a german berlin

gigafactory now they are still waiting

for final permitting but they can now

test at manufacture as many as 2 000

electric vehicles at the factory this is

up from 250 previously they're not

allowed to sell these test test cars but

it does allow them to get the factory to

an operational state to train their

employees and to check for quality

control on these vehicles that they're

producing

now it's worth noting that the max

capacity for giga berlin could

potentially exceed 1 million vehicles in

the future but right now we're expected

to go through phase one of 250 000

vehicles a year and then phase two of

500 000 vehicles per year the plant will

also have the uh the the capacity to

produce a 500 million cells totaling 50

gigawatt hours

a year when it's a fully operational

this is pretty incredible especially

since when we add this for tesla uh even

500 000 here plus about 600 000 at giga

shanghai plus 500 at fremont and growing

and the austin gigafactory we should

easily be at over 2 million deliveries

for tesla within the next year to 18

months at an annualized rate and we're

up from there

now regarding neo there's an interesting

update regarding battery swapping

chinese companies as companies

throughout china are expecting to build

over 8 000 battery swapping stations in

2022 and 26 000 by 2025. now remember

tesla used to try or used to have

battery swapping as as a prototype in

america they never ended up going

mainstream with battery swapping because

elon must believe that american

consumers don't want to swap their

batteries they want to be responsible

for their own battery they don't want

somebody else's battery and they'd

rather just use a supercharger because

it's fast enough now supercharging your

tesla instead could still take 40 to 50

minutes to fill up on average

battery swapping can take as little as

three minutes the problem is you've got

to build the stations you've got to have

more batteries that are charging and

then more batteries

on sort of in inventory basically to be

prepared for people to pick these

batteries up

and so

a lot of folks have had complaints about

battery swapping but i'll tell you if

china is planning on building 26 000

battery swapping units by 2025 that

tells us something now battery swapping

is probably here to stay neo is expected

to have 4 000 of these units or 15.3

percent of all of these units by 2025

the biggest though uh is actually this

company called alton which i don't

believe is a public company that's

a-u-l-t-o-n

and they are producing the vast majority

of these chargers uh compared to all of

the others like a geely also producing

alton expected to produce over 8 000 or

over 30

of these uh battery swapping stations

not expecting to see these swapping

stations in the united states though who

knows that could change when and if neo

finally delivers vehicles in america

right now it seems like they're focusing

on the european market especially norway

which has an extremely high ev adoption

rate right folks now let's talk about

this back that has definitely had some

massive pain on the charts this is a

stack that well 10 par value ran all the

way up to 31

in january of 2021 it today sits at

about 10

just recently in the last couple weeks

at a low of eight dollars and 26 cents

and the company we're talking about is a

two billion dollar company and it is a

company that is potentially slated to go

to the moon

especially following the passage of the

bipartisan infrastructure plan and the

implementation of five billion dollars

in investments into folks

electric buses

proterra is the company it was a merger

between the arc-like spac and proterra

and proterra is now a public company

again trading for about ten dollars

roughly its back par value

lockups for the company are not expected

to expire uh at least the espaka lockups

until the company trades over twenty

dollars so some insulation here from

lockups and proterra estimates that

their current addressable market is over

260 billion dollars

is selling

electric buses especially since states

like california are required to con

convert to completely zero emission

vehicles by 2040 so electric bus is

likely uh to be the uh the vehicle of

choice for uh for city buses and school

buses but this also includes currently

cities like new york city chicago and

seattle

proterra

conducts about 80 percent of their

revenue by selling city buses and the

other 20 percent is made up of chargers

and school buses at this point though

this dynamic could change they only

delivered five vehicles in quarter three

of 2021 we'll see what q4 numbers look

like when earnings come out but they are

expecting 407 million in revenue in

two 2022

means they're really only selling for

about five to six times 2022 sales

relatively low especially compared to

when the spec merger was conducted and

some of the euphoria we've seen on the

chart previously

they're expecting 784 million or nearly

a doubling from 2022 in 2023

that would put you at a price to sales

ratio of about three out to 2023 no

current path to profitability and that's

because the company is spending money

substantially trying to

expand their business operations they do

have over 600 million dollars available

in cash currently burning about 50 to 60

million dollars per quarter uh that

gives them a nice run rate of about uh

potentially up to a couple years uh in

in cash the company has two battery

production facilities as well right now

so they're taking a very tesla-esque

approach their current annual capacity

is about a

one gigawatt per hour or one

gigawatt-hour annual capacity they're

looking to build their third

multi-gigawatt facility so this will be

their third battery production facility

introducing an additional

multi-gigawatts of power

uh this uh third facility is expected to

cost 76 million dollars to get up off of

the ground so

some cash headwinds could be coming for

the company as they continue to build

out factories uh by comparison tesla

does produce about 38 to 39 gigawatt

hours they're working on getting over to

50. pradera proterra excuse me also

provides chargers for commercial vehicle

operators and really their goal is to

create a mini ev ecosystem and this is

pretty much the goal of any electric

vehicle company when you look at a

rivien they're trying to get their

customers to use their chargers they're

charging products to buy their charging

services at charging and destination

chargers throughout this is this is a

very common additional revenue model uh

for evs so nothing super proprietary

here

their chargers charge at about 250

kilowatts uh per uh per hour that's

about the same speed as the fastest

tesla superchargers

they uh their their lithium ion

batteries are expected to be as large as

6 megawatt hours

which is about 60 times the size of a

battery that you would see in a regular

vehicle which does make sense given

the size of the vehicles that these are

going in the uh average weight of a city

bus by the way just just for comparison

is somewhere between 25 000

and 40 000

pounds that's about 10x the weight of uh

of a regular vehicle and makes sense you

can carry about 10x the amount of people

uh but substantially larger battery

sizes to really keep those ranges going

and get these vehicles moving throughout

the day now in october they also

announced that they were considering

using electric school buses to turn them

into electricity generators during the

day to basically provide power to the

grid when school buses aren't being used

and potentially during midday

electricity usage so this is kind of an

interesting opportunity for potentially

school districts to invest in these

electric school buses and then be able

to park them in such a way that they're

actually feeding power

back to the grid and offsetting some of

the energy cost of let's say air

conditioning uh in schools here's just

an example of a proterra branded

school bus you've got the proterra

charging systems here bi-directional

power capabilities uh so again being

able to support the grid here are just

some examples of the proterra electric

buses and really interesting charging

system where essentially the bus can

drive under a charger and almost like uh

like an electric monorail in a city or

maybe not even a monorail more more just

like a an electric street car and say

san francisco where you've got these

these overhead lines that are charging

or powering uh the streetcars here's an

example where proterra has uh charging

stations that you could just drive under

and then the vehicle charges uh by

making contact with the charging units

here

so uh overall proterra is is something

some folks are beginning to speculate uh

might be hit with a rotation here though

you got to remember this is a small cap

when you're under five bill you're

relatively small under two bill is

technically the definition of small cap

though that continues to shift and a

round two bill that makes them a prime

target for hedging for short sellers

right now the company has a current

short interest of six point three seven

percent that is up from the low four

percent and just four weeks ago so

you've definitely seen an increase in

the shorts and this could be one of the

things that is depressing the stock so

you do have some potential capital calls

coming up as they expand their battery

facilities and they expand their

production you have a risk they're not

producing they're not a profitable

company so it's very easy for algorithms

to sell this company off but it's at

such a low level that folks are

wondering two billion dollars for an

electric vehicle manufacturer that could

benefit quite well off the bipartisan

infrastructure package

seems quite fair and quite interesting

you've got the vertical group projecting

that this is a 40 per share company in

2025 that would be a 4x by 2025 with a

fair value they believe of 25

today which is about 20 times 2025

ebitda uh and that uh that compares to

the russell 2000 which trades for about

17 at times 2021 ebitda additionally its

lockups ended 120 days and 180 days

after the merger that occurred on june

12th so we shouldn't have a lockup

headwinds which potentially means the

price could be lower because of lockups

that have already expired which could

potentially again create another

opportunity to get in on proterra so

there you have an ev update if you found

this video helpful consider sharing this

and of course check out the programs on

building your wealth link down below

thanks so much bye