As of October, high interest rates, policy shifts, and geopolitical risks are jointly impacting EV demand as well as battery raw materials and logistics. Lithium volatility has risen on short-term supply headlines, but inventories and new capacity point to a mid-term range-bound outlook. Global EV sales in August slowed to +15% YoY, with partial rebounds in Europe, a modest uptrend in China, and stagnation in North America. Ocean freight (WCI) sits low at $1,669/FEU; ...