Increased EV Sales in Q2 Could Drive Gains in These 2 ETFs
July 17, 2024 at 09:14 AM EDT
Electric vehicle (EV) demand could finally be catching up with supply as seen in Q2 sales numbers. In turn, this could push EV-focused exchange-traded funds (ETFs) higher, allowing for potential plays in a pair of leveraged Direxion ETFs. According to a report from Cox Automotive, the sale of EVs grew 11.3% year over year during [...] The post Increased EV Sales in Q2 Could Drive Gains in These 2 ETFs appeared first on ETF Trends .
