What does KraneShares Electric Vehicles and Future Mobility Index do?
KraneShares Electric Vehicles and Future Mobility Index (NYSE:KARS) focuses on the rapidly evolving electric vehicle (EV) and future mobility sector. The company invests in a broad range of assets related to electric vehicles, autonomous driving technology, battery innovations, and other technologies paving the way for the future of transportation. KARS aims to tap into the growing market demand for cleaner and more efficient modes of transport, recognizing the critical shift towards sustainable solutions in the automotive industry. Its objective is to offer investors exposure to the transformative companies driving progress in the EV and mobility space, capitalizing on the major transitions reshaping the global transportation landscape.