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The Chinese are leaders in both producer and consumers of EV. Many countries worldwide are pushing for full EV in 20-30 years (which is also my retirement timeline). EV and related shares are flying super high on the US Markets and even on the Chinese Market. Was thinking if the Global X China EV ETF is worth a long term bet of monthly DCA or should I keep to the US EV/Tech ETF? Any thoughts on the future of the Chinese stock market? Thanks in advance.
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If you're feeling bullish that China will be the frontrunners in the EV industry, then go ahead!
There are many players in the EV markets so I'd go with DRIV instead. I do not want to bet on which country would be the best but more so of the conviction that electric vehicle will be the future.
Hope this helps!