Bloomberg EV Price Return Index Falls 0.03% to 2,949.24

The headline number is trivial, but the intraday path is not: a strong Asia-Pacific morning rally that faded into a sharp U.S.-session pullback points to regional divergence in how EV exposure is being priced, with U.S. trading doing the heavy lifting on the downside. That pattern matters for anyone tracking EV-linked sentiment as a proxy for broader risk appetite, since it suggests offshore enthusiasm is struggling to hold once U.S. hours take over. Whether that session rhythm persists is the open question.