UK Business

What the Red Sea crisis could mean for the electric vehicle industry and the planet

Written by Tom Stacey, Senior Lecturer in Operations and Supply Chain Management, Anglia Ruskin University

Automotive giants Tesla and Volvo have announced pauses to the production of their electric vehicles (EVs) in Europe. Electric vehicles are seeing record sales and demand worldwide, but a lack of parts means that factories cannot sustain their production.

The reasons for this are complex. Parts are taking longer to deliver as attacks by Houthi...

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