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home / news releases / DMLRY - IDRV: The Current Oil Rally Will Accelerate Global EV Transition So Will Ford

DMLRY - IDRV: The Current Oil Rally Will Accelerate Global EV Transition So Will Ford

Daimler AG ADR
  • Brent oil is in a strong rally and currently trading near $80/bbl - close to a three-year high.
  • In some regions of the US, gasoline prices are the highest since 2014.
  • Both of these factors, along with ESG and global warming concerns, will only serve to accelerate the global transition to EVs - sales of which were already booming.
  • Enter the iShares Self-Driving EV and Tech ETF, which will be a beneficiary of the booming global EV market.

For further details see:

IDRV: The Current Oil Rally Will Accelerate Global EV Transition, So Will Ford
Stock Information
Company Name: Daimler AG ADR
Stock Symbol: DMLRY
Market: OTC
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