"Battery technology has advanced dramatically and is causing a structural shift in our use of energy both in terms of storage as well as the drive towards cleaner and more efficient energy," Mr Walesby said.

While the shift to electric cars won't happen overnight, the need for longer lasting and higher capacity batteries is here to stay with many of the ETF's constituents producers of batteries for laptops, mobile phones or other handheld devices.

Diversified exposure

Among the 28 equally weighted stocks are Tesla, BMW, Nissan, GE, Samsung SDI, NEC, Toshiba, Hitachi Chemical, Sony, Mitsubishi Electric and Orocobre. Mr Walesby noted that with world stores of lithium forecast to last 183 years the number of miners included in the ETF has been capped.

ACDC aims to deliver investors with a diversified exposure to the electric vehicle theme in order to offset the wild swings and gyrations that individual stocks like Tesla and lithium miners like Orocobre frequently deliver.

"It's not 100 per cent pureplay, you do get some level of dilution," ETF's Mr Walesby said.

The aim of the fund is to give investors a vehicle where there is a broad range of companies with either material amounts of revenue being created from the theme or companies with the resources and motivation to commit significant amounts of capital to developing intellectual property.

"This is not an area where you want to try and pick winners," Mr Walesby said.

The ETF will join other products rolled out by ETF Securities Australia as part of its Future Present range which has also yielded the ROBO and TECH ETFs which have been embraced by local investors.

ROBO is concerned with robotics, automation and artificial intelligence and was launched 12 months ago and has amassed $125 million of investor funds.

ETF Securities TECH product includes exposures to Apple, Microsoft, Adobe and Seek. It has risen 40 per cent in the last 12 months and holds $74 million in investor capital. Mr Walesby has high hopes for the exchange traded vehicle, but he doesn't believe it will be more popular than its stablemates.