DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 01/26/21

The European Union cleared a path for companies to receive about €2.9B ($3.5B) of state aid for battery projects that will support the goal of producing more electric vehicles on the continent. The European Commission sees the aid triggering more than 3X the set amount in private inves...

How To Invest In An ETF An exchange-traded fund (ETF) is one of the most important and valuable products created for retail investors in recent years. Maybe you should consider it too, that’s if you understand the risk-reward relationships. Essentially, an ETF is a bundle...

On the first full day of the Biden Administration the Global X Autonomous & Electric Vehicles ETF (DRIV) is being highlighted as a potential catch-all bet that the electric vehicle sector will benefit from an increased level of support from DC. The top five holding in the fund are on the ...

When a final tally is confirmed, global sales of battery electric vehicles (BEV) and other EVs are expected to have reached nearly 2.5 million in 2020, according to IHS Markit, and then rise by about 70% in 2021. In 2025, global sales will top 12.2 million, indicating annual growth of...

Even with total US auto sales declining in 2020, several electric vehicle companies reported record high deliveries last year. The long-term outlook for EVs shows significant growth for the sector over the next two decades, driven by supportive government policy and acceleration of in...

Demand for Passenger Cars Plunged in 2020 but is set to rebound this year. Pace and trajectory of recovery are expected to differ across key regions. Auto parts sales growth to exceed the recovery in auto sales. Electrification to be an important industry driver in 2021 and be...

A Biden administration should bolster the ongoing EV and autonomous trend through substantial capital inflows and tax subsidies. And, with this, as EV giants and start-ups outperform the broader market, Global X Autonomous & Electric Vehicles ETF (DRIV) should, we think, provide optimal r...

The KraneShares Electric Vehicles and Future Mobility Index ETF is the US-based fund manager’s packaged thematic play on electric vehicles. The electric vehicle industry witnessed rampant success over the past couple of years with investor enthusiasm for all things electric pus...

The utilities sector, as a consistent source of income, provides some insulation against the turbulent stock market. Among the various sector investment vehicles, XLU with a high trading volume and a growing dividend yield is a better choice despite the fund managers charging a higher...

Increasing climate change concerns, lower recurring expenses, and higher efficiency are leading continued rise in demand for electric vehicles (EVs). This along with rising investments in this space has helped many EV stocks skyrocket this year. However, with sky-high valuations, it could be ...