As Chinese equities approach bull-market territory, green energy stocks such as electric vehicle (EV) producers are enjoying a revival of sorts, with investors betting on shares with growth potential to ride the economic rebound in the second half. This is evident from a 47 per cent surge in Contemporary Amperex Technology (CATL) – the world’s biggest maker of lithium-ion batteries for electric vehicles and a Tesla supplier – since the company suffered a rout in May. BYD reached 1 trillion yuan (US$149.2 billion) in market value for the first time last month, while peers such as Nio and XPeng have...