JP Morgan.....80% YoY Increase in Battery EV'sJune to September Battery EV sales increase 80% year-over-year.
Plus, JPM likely caught the interview with Saudi top boss Amin Nasser commenting that Aramco's available oil supply is dangerously low. For example, Nasser's statement,
"If China were to open up a little bit we will find our capacity eroded completely... when we erode that spare capacity, the world should be worried because there is no cover for any recovery or any unforeseen interruption anywhere in the world," Nasser said.
(S & P Global Insights)
Thus, if/when China goes full throttle, the Battery EV sales trend will need to exponentially expand to avoid a "transportation" energy shock.
JP Morgan has also upgraded Spodumene price fundamentals.