The world needs safety, the world needs pure environment, and the world needs improved efficiency in automobile mobility. All these needs are satisifed by the Electric Vehicles industry, which also offer self-driving automatic option. Forget the gas guzzling large sized SUVs, its time for smart, intelligent and automatic cars which run on cleaner fuels like electricity and solar. With growing concerns around environmental degradation by use of fossil fuels in vehicles, the EV segment has seen unprecedented growth. The Electric Vehicles ETFs offer a good option to the investors to benefit from investing in this sub-sector of transportation. This article lists the Electric Vehicles ETFs available for trading in the U.S. markets as of writing. Following is the list of all 5 exchange-traded funds that FKnol has in its database for ETFs which belong to the Electric Vehicles category:
The Global X Lithium & Battery Tech ETF tracks a market- cap weighted index of global lithium miners and battery producers. ...Detailed Profile Dividend Frequency: Annually Dividend History
Category: Global Equities
IDRV tracks a market-cap selected and weighted index of equities related to self-driving vehicles. ...Detailed Profile Dividend Frequency: Annually Dividend History
Category: Large Cap Blend Equities
Global X Autonomous & Electric Vehicles ETF (DRIV)
The Global X Autonomous & Electric Vehicles ETF tracks an index that uses artificial intelligence to select global stocks involved in the development, production, or supporting technology of autonomous and electronic vehicles. ...Detailed Profile Dividend Frequency: Annually Dividend History
Category: Technology Equities
Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
The ETF named Fidelity Electric Vehicles and Future Transportation ETF trades on the exchange BTS with ticker symbol FDRV and trading currency ...Detailed Profile Dividend Frequency:
Tesla is known for the revolutionary entry of electric and self-driving cars. It took a lot of time for a major market index like the S&P 500 to include the stock like Tesla Motors, but when it finally enetered, it entered in style and ranked among the top performing index stocks for the year 2020. The EV ETFs invest in stocks of companies which are directly or indirectly involved in developing electric vehicles, their components like drivetrains, technologies around autonomous driving or network connected services for automobiles, and even new-age batteries.
Where do Electric Vehicles ETFs Invest?
A long list of companies and different financial instruments exist where the Electric Vehicles exchange-traded funds may invest the money collected from the ETF investors. Below is a small sample of companies whose stocks may qualify for investment by Electric Vehicles ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
▶ Tesla Motors, Inc. (TSLA): Tesla, Inc., formerly Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains ....Detailed Company Profile....Dividend History
▶ Plug Power, Inc. (PLUG): Plug Power Inc., incorporated on August 13, 1999, is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for ....Detailed Company Profile....Dividend History
▶ Ambarella, Inc. (AMBA): Ambarella, Inc., incorporated on January 15, 2004, is a developer of semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. The Company operates through the ....Detailed Company Profile....Dividend History
▶ Nvidia Corporation (NVDA): Nvidia Corporation, incorporated on February 24, 1998, focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company provides service to its customers ....Detailed Company Profile....Dividend History
▶ Aptiv PLC (APTV): Aptiv PLC, formerly Delphi Automotive PLC, incorporated on May 19, 2011, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets.....Dividend History