DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 11/10/23

2023-11-10 04:00:00 ET Summary The auto sector maintained momentum throughout 2023, which pushed sales an expected 8% higher. We think that order books and underlying demand will still bring positive developments next year. There are signs of a slowdown in electrification but ...

2023-11-09 02:36:00 ET Summary Technology is slowly advancing in a way to green the plastics industry. Carbon Capture and Storage and recycling are currently the most cost-effective ways to halve emissions. Heating with green electricity or green hydrogen could reduce emission...

2023-11-08 06:34:00 ET Summary Making low-carbon technologies cheaper and more widely available is crucial to reducing harmful emissions. Some of the most effective policies to stimulate green innovation include emissions-trading schemes that cap emissions, feed-in-tariffs, which ...

2023-11-07 12:42:14 ET Summary Car dealers sold a record high of approximately 295,000 electric vehicles in the US from April to June 2023. The Global X Autonomous & Electric Vehicles ETF experienced a peak in demand for EVs in late 2021 but has since seen a bearish trend. ...

2023-11-06 22:15:00 ET Summary On November 1, ADP reported that 113,000 private payroll jobs were created in October, which was well below the economists’ consensus expectation of 130,000 jobs. Education and health services led the way with 45,000 new jobs, followed by trad...

2023-11-04 01:40:00 ET Summary Electric vehicles, or EVs, have been hailed as the future of transportation. They promise cleaner air, reduced dependence on fossil fuels, and a seismic shift in how we commute. But as we navigate this high-speed journey towards an electric future, t...

2023-10-31 22:53:18 ET Summary Global X Autonomous & Electric Vehicles ETF provides exposure to companies in the electric vehicles and autonomous driving segments. DRIV offers high growth potential in the expanding EV market and advancing clean technologies. DRIV stands ou...

2023-10-31 01:15:00 ET Summary The Commerce Department reported last Thursday that the preliminary estimate for third-quarter GDP growth was an annual pace of 4.9%, due predominately to robust consumer spending. Personal spending last quarter rose at a 4% annual pace, the stronges...

2023-10-26 08:45:57 ET Summary Tesla stock has failed at its most important support level, leading to a downgrade to a sell position. The U.S. consumer cyclical sector is showing signs of weakness, hinting at a broader cooldown in relevant industries. There are two likely scen...

2023-10-20 20:30:00 ET Summary China has imposed export controls on graphite, a key material used in electric vehicle batteries, in the latest move to control the supply of critical raw materials. Citing national security concerns, Beijing said on Friday it will require special ex...