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Innovative vehicles

Electric vehicles may represent roughly 40% of global auto sales by 2030 and 90% by 2050, according to Morgan Stanley Research forecasts.* The shift to climate friendly vehicles along with improving technology has paved the way for innovative mobility. Across industries, companies are developing leading-edge technologies, including new battery innovations, to enable electric and even autonomous vehicle fleets.

Self Driving Cars - banner image
With companies investing huge sums to develop these vehicles and some investors anticipating strong growth in this sector, the funds below aim to capitalize on this trend.

 

ETFs

Data as of ET
Fund Name / Symbol
Overall Morningstar
Rating
Category
Market Price
Today's %
Change
Expense
Ratio
Data quoted represents past performance. Past performance is not an indication of future results and investment returns and share prices will fluctuate on a daily basis. Your investment may be worth more or less than your original cost when you redeem your shares. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance and current performance metrics, please click on the fund name.
* Source: Morgan Stanley Research, Global EV Tracker, January 4, 2023.

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