Global X Autonomous & Electric Vehicles ETF (DRIV)

Global X Autonomous & Electric Vehicles ETF offers diversified exposure across the autonomous and electric vehicle ecosystem, not just manufacturers, providing a balanced risk-return profile. The ETF outperforms peers with consistent returns, strong global positioning, and strategic holdings in industry leaders like NVIDIA, Alphabet, Tesla, and Toyota. Robust global EV and autonomous vehicle market growth, especially in China and emerging markets, underpins DRIV's long-term potential despite declining subsidies.

The Global X Autonomous & Electric Vehicles ETF offers exposure to the growing EV and autonomous vehicle markets, despite recent tariff-induced declines. The DRIV ETF's top holdings include major tech companies like Nvidia, Intel, Microsoft, and EV manufacturers like Tesla and XPeng. Tariffs have negatively impacted the market, but the long-term growth potential in global EV adoption remains strong.

Look at ETFs that can be affected as President Trump announces 25% tariffs on auto imports to the United States.

An end to the EV mandate under the new U.S. administration. Global X Autonomous & Electric Vehicles ETF owns companies involved in EV production and related technology. The DRIV ETF in sitting in a trading range.

Donald Trump commences his second term by enacting a series of executive orders. The actions are poised to create winners and losers across different industries.

Explore these ETFs as the potential removal of the EV tax credit is expected to impact the U.S. EV market significantly.

It hasn't been a good year for the electric vehicle industry, but the tide could turn in 2025.

Following the recent surge in EV sales and decreasing prices which make EVs more affordable, investing in EV ETFs with a long-term horizon becomes appealing.

As an ex-future mobility research analyst, I spent a lot of time looking at financial statements and there was very little to see. New entrants in the space had no revenues (and if they had revenues then they had no profitability) and there was very little proof that they would hit their targets.

It has been a catastrophic period for Electric Vehicle (EV) charging stocks. For one, the Global X Autonomous & Electric Vehicles ETF (NASDAQ: DRIV ) and the Global X Lithium & Battery Tech ETF (NYSEARCA: LIT ) have both shed asymmetrical value in the past month, showing the systematic headwinds baked into the EV market.

Weakness in electric vehicle stocks is a buying opportunity. For one, EV sales are accelerating in the U.S. According to Kelley Blue Book , EV sales jumped about 11.3% in the second quarter to 330,463.

If you live in a city or large metropolitan area, finding an electric vehicle charging station is likely no problem. Most hookups are located on both coasts.

The crisis is becoming an opportunity for down, but not out, EV stocks. All thanks to a resurgence of strong electric vehicle sales.

Electric vehicle sales are accelerating again, creating an opportunity for some of the top EV stocks to buy. In California, for example, about 24% of all new cars sold were electric in the first quarter, according to the California Energy Commission.

DRIV edged higher since November 2023, but remains in a sideways trading range. Composition of holdings has shifted towards chipmakers over car manufacturers. Concerns over oil prices and the upcoming U.S. election may impact the future of DRIV and the EV market.

Investors continue to avoid EV stocks overall. That's evident when you look at the performance of representative ETFs including iShares Self-driving EV & Tech ETF (NYSEARCA: IDRV ) and Global X Autonomous & Electric Vehicles ETF (NASDAQ: DRIV ).