The push for more electric vehicles (EVs) on the road amid a global move away from fossil fuels is creating exponential growth opportunities for lithium. As such, investors have options when it comes to lithium-focused exchange traded funds (ETFs) for growth exposure.

When it comes to growth, “supercycle” is a word that’s worth hearing. It’s when demand for a commodity is so large that it takes years in order for supply to simply catch up.

“In the case of lithium, many EV metals experts agree we have only just entered a lithium supercycle,” an Investor Intel report noted.

As such, ETF investors may want to take note of the Global X Lithium & Battery Tech ETF (LIT C+ ). LIT seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Lithium Index, which is designed to measure the broad-based equity market performance of global companies involved in the lithium industry.

As mentioned earlier, with an increased demand for EVs, another fund to consider is the Global X Autonomous & Electric Vehicles ETF (DRIV B ). DRIV seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles, and EV components and materials, including companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt.

DRIV seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index.

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