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flag Geopolitical tensions are disrupting oil supplies through the Strait of Hormuz, pushing automakers to accelerate electric vehicle adoption and diversify production.

flag Geopolitical tensions between Israel, Iran, and the United States are disrupting global oil supplies through the Strait of Hormuz, raising fuel and manufacturing costs, delaying shipments, and increasing volatility across the automotive industry. flag In response, automakers are accelerating investments in electric and hybrid vehicles, diversifying supply chains, and expanding regional production to reduce reliance on unstable routes. flag This shift is driving growth in automotive composite components—such as liftgates, suspension parts, and under-the-hood systems—with markets projected to expand significantly through 2035.

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