State Street SPDR S&P Kensho Smart Mobility ETF

HAIL

Market cap $18.9M

U.S. House lawmakers proposed bipartisan legislation that would require electric vehicles to ​pay a $130 fee to pay for road repairs annually and $35 for some ‌plug-in hybrid models.

Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.

Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers ​away from combustion-engine cars, data from consultancy Benchmark Mineral Intelligence showed on ‌Wednesday.

DRIV and other auto-focused ETFs could cushion tariff shock as Trump's proposed 25% EU auto levy rattles markets and reshapes industry dynamics.

Transportation ETFs like HAIL capture attention as AI-driven logistics, automation and smart mobility fuel a stronger run for the transportation sector.

DRIV and KARS stand out as EV-focused ETFs are poised to benefit from the IEA's forecast of more than 20M electric car sales in 2025.

PBW, QCLN, CNRG, and HAIL have been hovering around 52-week highs as clean energy regulations, Ford's EV plan, Powell's rate cut hints and Tesla rally sparked momentum.

As an ex-future mobility research analyst, I spent a lot of time looking at financial statements and there was very little to see. New entrants in the space had no revenues (and if they had revenues then they had no profitability) and there was very little proof that they would hit their targets.

I have been dreaming about flying cars since I was a child, watching the cartoon “The Jetsons.” For those old enough to remember, the Jetsons were the cartoon family of the future, and they owned a flying car.