Yup. Oil demand is declining so oil companies will milk the market, sell off assets (want to buy a dozen gas stations) and consumers will shift to EV at a faster rate. The production ramp for EV likely will not match demand. In the mean time the race for better battery cost and performance continues (solid state, LFP, 3D printed anode cathode, fluid battery …).

Will be a bit bumpy for a few years.

But looking forward to EV grid battery resources…