Christopher Chico (@christopherchico): "$70 billion in four weeks. CATL, BYD, and Sungrow gained that in market value. The Shanghai Composite fell 8%. Three Chinese battery companies outperformed Chevron, ExxonMobil, and BP during the current oil crisis. The ongoing wars have made batteries clearly a strategic ass…"

$70 billion in four weeks.

CATL, BYD, and Sungrow gained that in market value.

The Shanghai Composite fell 8%.

Three Chinese battery companies outperformed Chevron, ExxonMobil, and BP during the current oil crisis.

The ongoing wars have made batteries clearly a strategic asset.

Batteries were already strategic. The Iran war made it obvious.

Mar 31

2:01 PM