Ask someone on the street why they haven’t bought an electric vehicle, and you’ll usually hear one of three answers:
- They’re too expensive.
- They don’t have enough range.
- They charge too slowly.
In fact, it can take up to 12 HOURS to recharge an electric vehicle.
Not anymore. A team of engineers at Purdue University may have just cut that time down to five minutes.
Purdue, by the way, is known as “the cradle of astronauts.” Nearly a third of all U.S. spaceflights have a Purdue grad on board.
In addition, their engineers were the minds behind the Golden Gate Bridge and the Hoover Dam.
But this new invention could go in history as their crowning achievement: the breakthrough that fast-tracked the EV revolution.
This charger would use a proprietary, patent-pending cooling method to recharge EVs in the same amount of time it takes to fill a fuel tank at a gas station.
This could be a game-changer for the EV industry, but it only hints at the bigger picture.
You see, this research was bankrolled by an automaker that’s working overtime to dethrone Tesla as the king of EVs.
It just launched a vehicle that has an exceptional 300 miles of range and is as much as 50% cheaper than the other EVs in its category.
Better still? Because it funded the Purdue lab’s research, it gets **first dibs** on this ultra-fast charging tech when it’s ready for commercial use.
This could be the biggest EV stock of the next decade – and it trades for just $12 a share.
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