With the continuously rising demand for low emission cars, improving infrastructure, and government subsidies for buyers, the global electric vehicle (EV) industry is estimated to expand to $802.81 billion by 2027, at a CAGR of 22.6%.
So it’s no surprise that the EV industry, represented by the Global X Autonomous & Electric Vehicles ETF (DRIV), is up 88% in the past two years.
