The electric vehicle story could be the hottest investment story of the year.

Automakers are rolling out new EV models.  Global leaders want millions of them on the roads.  President Biden, for example, wants 50% of all new car sales to be electric by 2030.  Even China and Europe want more on the roads to reduce emissions.

Unfortunately, there’s a major supply issue with lithium, silver, graphite, and cobalt.

With cobalt for example, “We simply may not have enough supply. Research from MIT suggests there’s not enough ability to mine and process the material to meet demand,” reports Wired.

While you can always buy a stock like Wheaton Precious Metals (WPM), another great way to gain exposure to cobalt and other battery metals is with an ETF, like the Amplify Lithium & Battery Technology ETF (BATT), which carries a portfolio of companies generating significant revenue from the development, production, and use of lithium battery technology, including 1) battery storage solutions, 2) battery metals & materials, and 3) electric vehicles. BATT seeks investment results that correspond generally to the EQM Lithium & Battery Technology Index. At $18 a share, it offers exposure to BHP Group, Tesla, Nio Inc., LG Chemical, Glencore PLC, and BYD Company Ltd.