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Event Brief

China’s EV Supply Chain Thrives Amid Hormuz Crisis

China's EV supply chain benefits as oil prices rise due to the Hormuz crisis, impacting global markets.
WHO: BYD, CATL
WHAT: China's EV supply chain gains advantage
WHEN: Apr 2, 2026 at 12:56 PM ET
WHERE: China
WHY: Triggered by rising oil prices and the closure of the Strait of Hormuz
Sources (1): Rio Times

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