Doug Casey is more bullish on electric and self-driving cars than Eric Peters. From Casey at caseyresearch.com:
Chris’ note: We’re in the middle of a revolutionary trend…
As we’ve been showing you, the car industry is rapidly changing because of two growing technologies: electric vehicles (EVs) and self-driving cars.
EVs aren’t like traditional vehicles. They run on electricity instead of gasoline or diesel.
Not long ago, just a few hundred of these vehicles existed. Now, there are nearly 5.1 million EVs on the roads… and that number grows by the day.
And self-driving cars are only becoming more popular as well. By next year, estimates say there’ll be 10 million self-driving cars in use.
In short, these technologies are the future. Even our founder, Doug Casey, thinks so. And when Doug gets excited about something, I get him on the phone to find out why.
Read on to see what Doug has to say about this megatrend… and don’t miss tomorrow’s Dispatch, when Doug and I finish this important discussion…
Chris: Doug, you’ve mentioned how electric vehicles [EVs] will become a huge deal. What makes you say that?
Doug: There’s no doubt that electric vehicles are going to put an end to the internal combustion engine [ICE]. I want to not only explain why – but some related changes that are much bigger, that almost nobody has thought about.