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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

The Canal transports about an eighth of global trade and a third of global container traffic, and is particularly important for shipping between Asia and the Mediterranean. To reach the Red Sea, ships must travel through the Gulf of Aden and the Bab al-Mandeb Strait off the coast of Yemen.

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Volvo joins Tesla in halting EV production due to Red Sea attacks

Baua Electric

Tesla and Volvo are among several companies having to direct ships away from the Red Sea amid the threat of attacks, Automotive News Europe reports. Attacks in the Red Sea have jumped 500% in the past month, with now companies taking extreme measures to avoid risk. FTC: We use income earning auto affiliate links.

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