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The Global X Autonomous & Electric Vehicles ETF (DRIV) aims to deliver investment outcomes that broadly align with the financial performance—encompassing both price changes and income generation—of its benchmark, the Solactive Autonomous & Electric Vehicles Index. This objective is pursued prior to the deduction of any fees or expenses.
Is DRIV's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Global electric-vehicle sales hit 2 million in June, gaining for the fourth straight consecutive month, per industry data.
China has unveiled a new carbon-peaking action plan that targets new energy vehicles (NEVs) accounting for 30% of the country's total vehicle fleet by 2030, marking a significant step in the electrification of the world's largest automobile market. The State Council on Thursday released the "15th Five-Year Plan" Carbon Peaking Action Plan, outlining the country's roadmap to peak carbon emissions before 2030.
Executives point to a faster than normal shift in demand from larger vehicles to more efficient vehicles. Rising gas prices and uncertainty surrounding the Middle East conflict are adding to industry pressures.
Rising fuel prices driven by the Iran war are boosting demand for new and used electric vehicles across Europe, industry data shared with Reuters shows, though some executives warn interest could fade if petrol costs fall.
Chinese automakers are speeding into right-hand-drive markets from Australia to Southeast Asia and challenging long-dominant Japanese car companies with premium electric vehicles aimed at affluent consumers.