Connect with us
Investment expert Jim Woods shares the details on this lithium & battery fund.

archive

Lithium & Battery Fund Charges ahead 30% in 12 Months

Investment expert Jim Woods shares the details on this lithium & battery fund.

Exciting trends and themes are always appearing in the market and, unlike a decade or so ago, investors today easily can tap them through exchange-traded funds (ETFs), such as the Global X Lithium & Battery Tech ETF (LIT).

Lithium and batteries are a theme many investors will recognize due to their association with electric vehicles already introduced by Tesla Motors (NASDAQ: TSLA), General Motors (NYSE: GM), Nissan Motor Co., Ltd. (OTCMKTS: NSANY) and other manufacturers. Each of those car builders uses lithium-based battery technology.

Tesla recently made headlines for its attempt to start lithium-ion battery production at its new Gigafactory in Nevada. The Gigafactory is projected to employ 6,500 full-time workers by 2018 and singlehandedly double the worldâ??s production capacity for lithium-ion batteries, according to Tesla.

Click here to read the full article, “Lithium & Battery Fund Charges ahead 30% in 12 Months.”

Written By

Jim Woods is a freelance financial journalist specializing in the markets and the economy. He champions the cause of liberty from a secured location deep inside the Golden State.

Advertisement
Advertisement

TRENDING NOW:

archive

Lithium & Battery Fund Charges ahead 30% in 12 Months

Exciting trends and themes are always appearing in the market and, unlike a decade or so ago, investors today easily can tap them through exchange-traded funds (ETFs), such as the Global X Lithium & Battery Tech ETF (LIT).

Lithium and batteries are a theme many investors will recognize due to their association with electric vehicles already introduced by Tesla Motors (NASDAQ: TSLA), General Motors (NYSE: GM), Nissan Motor Co., Ltd. (OTCMKTS: NSANY) and other manufacturers. Each of those car builders uses lithium-based battery technology.

Tesla recently made headlines for its attempt to start lithium-ion battery production at its new Gigafactory in Nevada. The Gigafactory is projected to employ 6,500 full-time workers by 2018 and singlehandedly double the world’s production capacity for lithium-ion batteries, according to Tesla.

Click here to read the full article, “Lithium & Battery Fund Charges ahead 30% in 12 Months.”

TRENDING NOW:

THE TRUTH ABOUT GLOBAL WARMING: REAL THREAT OR HYSTERIA?

archive

Dystopia Alert: A Decimating National Debt

archive

Guest Columnist: Why We Must Have a Border Wall

archive

Rising Social Agenda Brings Luster to Qualified Dividends

archive

Connect