Autonomous Trucks
Three potential investment ideas in this space that look favorable right now are Ford (NYSE:F), Chargepoint (NYSE:CHPT), and the Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV). This plan includes developing more zero-emissions capable vehicles, and a target for 40% of global sales to come from electric vehicles by 2030. It also aims for all passenger vehicles it sells in Europe to be fully electric by that year. The revenue jump was driven by a shift toward higher-margin vehicles and improved pricing, generating transaction prices $1,900 higher per unit than the industry average. The Global X Autonomous & Electric Vehicles ETF offers investors a concentrated focus in these areas, but doesn't restrict itself to automakers or charging station players.