The electric vehicle (EV) market is gaining strength across the globe, with more EVs on the road than ever before.
As more and more investors want in on the party, it can be difficult to determine which stocks will soar like we've seen with Tesla.
The possibilities are many, including EV manufacturers, battery makers, lithium producers, and companies that focus on infrastructure.
One way to pick the right stock, while also mitigating the risk of picking nothing but the wrong stocks, is to invest in an exchange-traded fund that focuses on the EV market as a whole.
Two of the leading ETFs -- by performance that can satisfy the cautious investor are 1) $Global X Autonomous & Electric Vehicles ETF(DRIV)$Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV), and 2) KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEMKT:KARS) $KraneShares Electric Vehicles and Future Mobility Index ETF(KARS)$
Source: Motley fool
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