As the world has begun to focus on new technology to aid in the global energy transition, electric vehicles are becoming more a part of everyday life. S&P Dow Jones Indices (S&P DJI) collaborated with S&P Global Commodity Insights (SPGCI) to launch the S&P GSCI Electric Vehicle Metals, which seeks to track commodities used in the production of electric vehicles.
What drove the creation of this index?
The index was created in response to client demand for investable thematic strategies that offer exposure to the global energy transition. The energy transition represents both a significant challenge and opportunity to financial market participants, and nowhere is that dichotomy more obvious than in commodities markets.
You can now read the full whitepaper at the link below