The lithium-ion battery industry is a complex web of basic materials suppliers, manufacturers, and component designers. Picking the best stocks can be a real challenge. That’s where investing in a lithium and battery technology ETF (exchange-traded fund) comes in.
Investing in lithium and battery tech ETFs
An ETF is a basket of investments designed to give an investor diversification -- in this case, a mix of companies that participate in the lithium and battery tech industry.
An ETF focused on lithium battery tech will provide diversification across the industry, from lithium mining companies to battery manufacturers to EV automakers that integrate the tech into a vehicle. Since lithium batteries used in larger applications are still undergoing rapid development, there are few choices for ETF pure plays in the industry. However, a number of ETFs pull together collections of businesses that operate in industries adjacent to lithium battery tech and are worth considering as well.
* Above is from Motley Fool. To me this gives a nice explanation and may help others.
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