No surprise. Handwriting's on the wall: "China battery trio gain $70bn as Iran war sparks ‘paradigm shift’" — share price rises for clean energy companies are larger than for oil majors, as investors bet on switch to renewables.
"China’s top battery makers have gained more than $70bn in market capitalisation since the US and Israel attacked Iran..."
https://www.ft.com/content/b122ca1f-fc99-4749-9764-f1998b84dd07?syn-25a6b1a6=1
#CATL #BYD #Sungrow #Chevron #ExxonMobil #BP #renewables #batteries
