iShares Electric Vehicles and Driving Technology

ETF description

This ETF invests in companies involved in the development and production of electric vehicles and related driving technologies. These businesses include manufacturers of electric cars, battery producers, and companies developing autonomous driving systems and other innovations in transportation technology. By focusing on this specific industry, the ETF provides exposure to a growing sector that is positioned to benefit from global trends towards cleaner, more efficient transportation solutions.

The fund may appeal to investors who are interested in the future of mobility and want to invest in companies that could play a significant role in shaping the automotive industry. It’s particularly suited to those who believe in the long‑term potential of electric vehicles and autonomous driving technologies and want to gain exposure to this theme as part of a diversified portfolio.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The STOXX Global Electric Vehicles & Driving Technology NET index is composed of developed and emerging market companies focused on electric vehicles and driving technologies.