Ironically, Trump attacking Iran and closing the Strait is a boon to China and EV makers. Once the car is produced, aside from lubricants, it’s completely independent of oil. Heck you can put panels on your rooftop and slow charge it during the day.
It may be a boon to EV makers everywhere including in China, but I don't think it's a boon to China generally as they buy a lot of their oil from the Gulf states. Thus they're more directly affected by the Hormuz shutdown than the US (which is a net oil exporter and is mostly only affected indirectly by price increases).
Like the Ukraine war, maybe one good thing thing we can say about this terrible situation is that it may encourage a lot of countries to move to renewables (or nuclear) sooner than they otherwise would and cut back on fossil fuels.
The energy crises of the 1970s caused people to start caring a lot more about fuel economy. Now we have the technology for people not to need to buy gas to propel their vehicle at all, and many of them once they switch they're never switching back.
Sure, but increasingly less so as electrification takes off. And using less gas means you can redirect that to the other derivative products such as plastic.
Quick google math says you get 6 tires from a barrel of oil vs roughly 20 gallons of gas. Unless EVs mean you change tires every 300 miles or so I think we're good.
My ICE vehicles go through many more pounds of gasoline than they do tires. A set of tires is ~100lbs of material. 50,000mi of gas on a 30mpg vehicle is 10,000lbs of gas.
With where the Trumpists want to take us, tires made out of carved stone will suffice. Non-EVs will be retrofitted with a hole in the floor for your feet.
A friend of mine has a dozen panels in central France and pretty much provides all the energy for his Kia eNiro. He reckons the payback time is under five years.
When did I say on the rooftop of a car? There’s level 1 that could plug into an house outlet and level 2 from 220v. House charges the car and solar provides power to the house.