<p><span>Amidst the ongoing global Covid-19 crisis, two massive impacts on the automotive sectors can be observed in the short and the long term. While in 2020, mobility in both public and individual transportation came to a hard stop, car sales recently increased due to individuals’ desire for safe personal mobility. According to a recent report, amongst the most influential buyers in automotive, Chinese customers reignite global car sales, and with China’s growing middle class, these sales are expected to remain on a global top spot. With customers driving demand in the new generation of cars, major Hong Kong asset manager CSOP released the CSOP Global Smart Driving Index ETF (stock ticker: 3162.HK), tracking the Solactive Global Smart Driving Index.</span></p>
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