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    1. This war will cause higher adoption of renewables in addition to EVs. Demand destruction is real and hopefully permanent.

    2. imjustsurfin on

      I don’t know where Bloomberg is getting it’s info, but from what I’ve read, BYD is in deep financial trouble. Some analysts are even saying it may be the next Evergrande.

      There’s a reason Warren Buffett’s Berkshire Hathaway withdrew all its BYD investment in 2025.

    3. This war will be the doom of the oil economy. All these warring petrostates (US, Russia, Iran and etc) are in for a surprise once oil is no longer the major driving factor in the global economy.

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