Well Flash,
Apart from the Russian-Ukraine war, Israeli-Gaza war, Red Sea shoot out, there’re more brewing hot spots that may develop into hot wars : the Koreas South China Sea, Taiwan, the oncoming big NATO military exercise, Japan wanting “something “。So you’re right that EV and Li battery development may take up the back seat in the foreseeable future.
There’ll be many national level elections in 2024 adding uncertainty to EV and, perhaps , renewable energy developments.
As for the news media, I think they’re merely saying the narratives for their bosses ….
So there’re reasons for selling off.
Well Flash,Apart from the Russian-Ukraine war, Israeli-Gaza war,...
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