DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 04/22/21

The pandemic saw global car sales fall 14% in 2020, yet EVs rebounded: sales of 3.2m were up 43% y-o-y versus 3% in 2019. Europe, China and California accounted for 52% of the total car market in 2020 but 87% of EV sales. Biden's American Jobs Plan intends to allocate $174bn to cl...

U.S. infrastructure-themed ETFs have seen assets under management grow more than eightfold over that time frame as a result of positive flows. The focus on clean energy initiatives in the bill, combined with this administration's broader climate agenda, could also prove beneficial to ...

Markets need consistent, comparable, and reliable sustainability information to better understand these developments and the related environmental, social, and governance (ESG) issues. That's where ESG reporting frameworks and standards, such as those developed by the Sustainability A...

This is a giant bill, and only 39% of it is for infrastructure. Another 29% is industrial policy, the rest housing, healthcare and labor policy. I provide a detailed breakdown of the bill and the macro context behind it. Opportunities abound. I will follow up in the coming week wi...

On March 31, 2021, the Biden Administration announced the American Jobs Plan and the complementary Made in America Tax Plan. They outlined which areas could receive investment, the amount of investment required, and different ways it could get funded. The American Jobs Plan also s...

The ETF diversifies across the lithium and battery industry by including the most prominent companies in the space. More than 100 million electric cars are expected to drive on global roads, a major growth catalyst for the ETF. Although valuations remain high, the ETF is well-dive...

The KraneShares Electric Vehicles and Future Mobility Index ETF appears to be consolidating following a period of extended upside. Previously filled with high growth, low earnings, future of mobility plays such as China’s NIO, recent re-balancing means a focus more on tradition...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chinese electric vehicle darling Nio  (NYSE: NIO ) staged a stellar performance in the past 12 months, returning more than 1,300%. Put another way, $1,000 invested in NIO stock in late March 2020 would now be more...

As COVID-19 began to spread across the globe in early 2020, the global automotive industry endured crushing factory shutdowns. Shortage of semiconductors would soon begin disrupting auto production across the industry. While the auto sector has seen a nice rebound in sales volumes...

The IDRV ETF focuses on autonomous driving EVs while diversifying across 100 different companies. With over 30 million electric vehicles by 2030, the ETF is capturing growth on two fronts: Autonomous and electric vehicles. The ETF widely outperformed the broader market, thanks to ...