Bet on Batteries With the New WBAT

Whether it’s electric vehicles, energy storage, or other clean technologies, batteries are at the heart of powering many parts of the green spectrum.Some exchange traded funds provide dedicated exposure to that theme, including the newly minted WisdomTree Battery Value Chain and Innovation Fund (WBAT). WBAT debuted last week as the latest ETF in the WisdomTree megatrends suite.When comes to batteries and the related investment thesis, some investors are already familiar with lithium-ion batteries, which power electric vehicles. As has been seen throughout the renewable energy spectrum, declining battery costs are hastening adoption of electric vehicles. That trend has ample momentum because the automotive market, both consumer and industrial, has more room for electrification.“Within the transportation market, electric vehicles need a portable electricity source, and batteries…

Read more…