Best Automotive Investment of 2010: Detroit
Will Release a Car that Gets 230 Miles Per Gallon

A pal of mine brags about getting 50 miles per gallon in his Toyota Prius. But that's nothing compared to the 230 mpg that GM's new Chevy Volt will get.      For distances under 40 miles, the Volt runs on electricity. Then it switches to gas and the generator recharges the batteries.        If you commute less than 40 miles a day you could swear off gasoline forever. Just plug in the car at night to recharge.

     GM isn't the only American carmaker going electric. Ford is planning a battery-powered car based on the Focus. And of course Toyota has the Prius... and Nissan the Leaf.

     This growing wave of battery-powered cars doesn't mean car makers are a good buy. It means battery makers are a good buy.

     But we're looking for profits far from Detroit. The United States is behind the technology curve here. China is the leader.

     While the Department of Energy is giving $2.6 billion to private industry to advance our battery technology, a Chinese battery maker is selling cutting-edge technology it has already developed.

     These aren't your father's Die Hards. These are state-of-the-art rechargeable lithium-ion batteries that outperform anything else being made.

     What's more, these batteries are 100% nontoxic. The CEO actually drinks the company's battery fluid to prove the point.

     Finally, they're cheap. Instead of using expensive robots on automated assembly lines, it uses cheap Chinese labor. It pays China's top engineering graduates about $700 a month, which wouldn't cover a GM shop steward's weekly wages.

     The more the world's carmakers rely on batteries, the more this company will sell of them. It already dominates the Chinese market and will inevitably build a larger footprint throughout the world. Buying it now is like buying stock from Sam Walton when all he owned was a couple of dime stores. See our full write-up in Hottest Investment Opportunities for 2010.

     Get your copy of Hottest Investment Opportunities for 2010 now. To learn more about our other startling investment opportunities for 2010 click here.

Sincerely, Nathan Slaughter Chief Investment Strategist StreetAuthority Market Advisor