☕️ Good morning friends,

The Chinese word for crisis consists of two characters: danger & opportunity.

The Iran war has proven to be a glimmer of hope for the electric car industry. BYD stores are again full of interested customers. More on that in today's Top Bit.

Also in today's issue:

• Rebellions: $400 million pre-IPO for South Korea's Nvidia challenger

• South Korea secures Russian naphtha

• Sci-fi boom in China

Enjoy reading!

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TOP BIT

Iran war as "game-changer": BYD doubles sales overnight

While the world stares at the blockade of the Strait of Hormuz, China's electric car industry is recording its biggest success in history.

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