Toray Industries has recorded a 25.1 billion yen impairment charge affecting its lithium-ion battery separator business. The company attributes this loss to weaker than expected demand for electric vehicles, signaling a broader struggle for advanced materials suppliers in the current market. This financial hit highlights the volatility in the EV supply chain as manufacturers adjust production targets. The impairment reflects the gap between previous growth projections and the actual adoption rate of electric vehicles.
