Bloomberg EV Price Return Index Falls 1.42% to 3,076.23

The dispersion inside this move is the story: fuel-cell and lithium names sold off hard while two automakers finished higher, so the index decline reflects specific supply-chain and battery-material exposure rather than a uniform EV risk-off. That split suggests the market is differentiating between upstream materials and finished-vehicle makers. Whether that divergence persists, or the weakness in battery and hydrogen-linked names spreads to the automakers that held up, is the open question.