DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 05/13/22

Lithia Motors is currently cheap and well-positioned towards its strong 2025 plan. The company capitalizes on its expanding infrastructure presence and growing scale opportunity, which may sustain its 2025 plan's projections. Despite today's inflationary environment, management pr...

XPeng is expected to announce its first quarter results on May 23. On May 4, the SEC added XPeng to the list of the "Holding Foreign Companies Accountable Act," which means it faces regulatory scrutiny. Factors such as China's COVID-Zero policy and macroeconomic problems have plag...

Envirotech Vehicles has filed to raise capital in an uplisting IPO to Nasdaq. The firm designs Class 4 electric trucks for sale in the United States. EVTV has an order backlog, but competition is significant & growing, and the company & CEO face legal actions. I'll pro...

With long-term U.S. rates near 3% and short-term rates soon to rise to near 1%, the U.S. dollar will stay stronger than the euro, whose official rate remains near zero, so the world will keep buying U.S. dollars. This week, we get the official first estimate of first-quarter GDP. Than...

As the Environmental, Social, and Governance ESG ecosystem evolves, ESG investments must keep the pace to continue providing robust solutions to market participants. According to the International Energy Agency (IEA), electric car sales more than doubled between 2020 and 2021. In tota...

Fully autonomous vehicles remain years away, but it’s not too early to project the economic efficiencies they could bring. Private investment is following suit with original equipment auto manufacturers and independent charging companies expanding their networks. EVs and ba...

The 2022 federal budget includes measures for Canada's first mineral strategy for EV battery supply chain. Global investors looking to Canada as the cornerstone for cell manufacturing for North America given our skilled labor force and abundance of natural resources. Forecasting s...

EV adoption is accelerating as governments and corporations work towards meeting climate change-related emissions reduction targets. Industry forecasts have EVs reaching a 36% penetration rate by 2030, representing a $1.4 trillion opportunity. Original equipment manufacturers (OEM...

Due to the war in Ukraine and the resulting sanctions and embargoes - on top of the already interrupted supply chain, plus a new COVID outbreak in China - global trade is grinding down to a slow-motion “holding” action. As a result of these disruptions, PMIs all over the...

Today, nowhere is this battle for market share (and lion’s share) more apparent than in the fast-growing market for electric vehicles. Annual unit sales and corresponding revenues provide only part of the story. The future will likely determine how today’s electric v...