1 Sector to Watch as the EV Market Heats Up
The lithium used for electric vehicle batteries could charge up investor portfolios.
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The lithium used for electric vehicle batteries could charge up investor portfolios.
Global X, which had 2021 net inflows of $21 billion, has become known for thematic ETFs.
The Lithium & Battery Tech ETF's two largest holdings are miner Albemarle and Tesla, while a Warren Buffet-owned stock ranks No. 6.
Amid constrained supply chains and an already small mining base, lithium prices will likely continue to heat up through the first quarter of 2022, driven by increasing electric vehicle demand.
The Lithium & Battery Tech ETF's two largest holdings are miner Albemarle and Tesla, while a Warren Buffet-owned stock ranks No. 6.