As Americans disdainfully eye the high prices at the gasoline pump, more consumers are considering the benefits of electric vehicles, which could help drive the momentum behind the electric vehicle industry and related exchange traded funds.
For instance, lithium sector-related ETFs that benefit from increased demand for lithium-ion car batteries have rebounded since the surge in crude oil and gasoline prices, including the Global X Lithium & Battery Tech ETF (NYSEArca: LIT) and the Amplify Advanced Battery Metals and Materials ETF (NYSEArca: BATT).
Additionally, to access this quickly developing market, investors have a number of electric vehicle-specific ETF options to choose from.
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