Electric Car Etf Reddit
Both ecar and driv are comprised of mostly non electric car stocks. Discuss everything to do with electric cars hybrid cars and electric vehicles the reddit community for ev enthusiasts.
Exchange traded funds that track electric vehicles are another possible opportunity for investors.
Electric car etf reddit. Two autonomous electric vehicle etfs. Log in sign up. Press j to jump to the feed.
Canada s first automobile innovation etf transportation is a key element to the global economy. The majority of etfs are based on an underlying index. Shift your investments into gear add cars to your portfolio.
Driv is nearly 2 1 2 years old and considering how hot the ev theme is the fund is somewhat obscure with just 30 million in assets under. Electric vehicles exchange traded funds. In a matter of days nkla stock soared from 30 to 90.
The classic car companies will likely switch to electric in the next 20 years but i wouldn t expect too much growth there since electric business will replace the ice business for them. Press question mark to learn the rest of the keyboard shortcuts. These funds allow investors to purchase shares in funds.
The newest electric car stock on wall street nikola motors made a splashy debut via a reverse merger in early june. Ev news and products r electricvehicles. Global electric vehicle sales rose to an all time high of 1 2 million.
Perhaps by the time fully autonomous vehicles arrive all new vehicles will be electric much to the chagrin of those who prefer the crackle and pop of a turbocharged v8 with a manual transmission. Cleantechnica is the 1 cleantech focused news analysis website in the us the world focusing primarily on electric cars solar energy wind energy energy storage. The global x autonomous electric vehicles etf nasdaq.
In the next decade the auto industry is poised to undergo the biggest transformation in a lifetime. Other electric trucks including rivian r1t and the electric version of ford f 150 will also be hitting the markets soon. The index providers for these two etfs are as follows.
Ecar is mostly the old car companies which are just starting with the electric car tech.
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