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78 Toyota cuts 40,000 units as Strait of Hormuz blockade disrupts the aluminum EVs depend on

Silicon Canals
Tommy Baker @ Silicon Canals 3 place · today 05:34 EDT

Toyota cuts 40,000 units as Strait of Hormuz blockade disrupts the aluminum EVs depend on

The electric vehicle was supposed to sever the auto industry’s dependence on the Persian Gulf. Instead, potential disruptions in the Strait of Hormuz have highlighted a different kind of dependency — one measured not in barrels of crude but in metric tons of specialized aluminum. Photo by cottonbro studio on Pexels The chokepoint that EVs ... Read more

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