Top Chinese Battery makers gained $70 billion in market cap since USA/Israel attacked Iran.

CATL, BYD and Sungrow even outperformed oil majors, who are cashing in on oil price rises.

https://www.ft.com/content/b122ca1f-fc99-4749-9764-f1998b84dd07?syn-25a6b1a6=1

#Energy #Climate #Batteries #Renewables #Economics #Markets #FossilFuels #Oil #Hormuz #IranWar #China

China battery trio gain $70bn as Iran war sparks ‘paradigm shift’

Share price rises for clean energy companies outstrip oil majors as investors bet on switch to renewables

Financial Times