IPOs

May 22, 2026, 3:54 PM EDT. The Global X Battery Tech & Lithium ETF (ASX: ACDC) offers investors exposure to the booming energy storage sector, a critical backbone for AI data centres that consume vast electricity. BloombergNEF forecasts data centres could add 2-3 gigawatt-hours (GWh) of battery capacity annually through 2028, underpinning strong demand for lithium, battery cells, and energy storage systems. Government investments to boost energy security and renewable integration further drive this growth. This ETF provides a diversified and accessible way to tap into the expanding market for battery technology fueled by AI infrastructure and renewable energy trends.