DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 05/25/21

After Britain rejected Yellen’s call for a 21% minimum tax rate, the Treasury Department on Thursday officially proposed a radically lower global minimum corporate tax of 15%. Last week was a big week for housing statistics. Availability is tight, so the volume of sales is decl...

US new retail light vehicle registrations reached a 10-year high of 1.64 million in March 2021. Electric vehicle retail market share in the United States climbed to a record 3.1% in March, according to an analysis of the most recent IHS Markit light vehicle registration data. New ...

The EV industry offers exciting growth prospects but is also highly competitive. There are EV companies with unique offerings and strong AV ambitions, but that may not be what all investors will focus on. Valuations across the industry have come down, but are not low. This should ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The current Churchill Capital IV (NYSE: CCIV ) stock price values Lucid Motors , with which Churchill Capital IV is merging, at more than $27 billion net of post-merger cash. As of this moment, Lucid has not produced...

EVs are hyped up, and many EV stocks are quite expensive today. The industry will benefit from obvious growth tailwinds, but that may not lead to more gains for already highly-priced EV stocks. I showcase a way to benefit from the EV trend without a lot of valuation risk. Income i...

Sales rise despite electric vehicle anxieties. The Financial Times reports that cobalt prices jumped 40% in Q1, laying the blame solely on battery demand. S&P Global predicts EV battery production is set to triple by 2025. For further details see: As Electric Vehicle...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors in QuantumScape (NYSE: QS ) stock have had a disappointing 2021. Year-to-date (YTD), QS stock is down over 27%. The record high of $132.73 hit on Dec. 22, 2020, is a distant memory, as the stock now hovers ...

Growing demand for electric vehicles (EVs) presents a long-term opportunity for stock investors. Owning EVs is becoming more practical and affordable, and automakers are releasing increasingly efficient models. Megatrend ETFs can help capture the potential of EVs while keeping inv...

With greater clarity on the sustainability of the economic recovery, we also saw the opportunity set across markets broaden to include sectors beyond those seen as the primary beneficiaries of an economic reopening. As expected, the recovery hasn't been smooth sailing for all, with su...

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...