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The Escalating Costs of Owning a New Car

The Truth About Cars

These figures, derived from AAA's Your Driving Costs (YDC) dataset, which has consistently delivered information on the costs linked to new vehicle ownership for over seven decades, underscore the financial implications faced by new car owners. percent uptick from the preceding year.

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North America’s largest lithium supply to be developed with DOE help

Teslarati

These projects are directed at everything from improving battery energy density, improving cold weather performance, reducing the cost of production, and much more. What do you think of the article? The post North America’s largest lithium supply to be developed with DOE help appeared first on TESLARATI.

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What makes maintaining electric vehicle charging stations more difficult than gas stations?

Setec Powerr

While electric cars have many benefits, such as reduced emissions and lower fuel costs, they also present unique challenges when it comes to maintaining the charging infrastructure they require. We discuss this issue in the article. The investment prospect of electric vehicle charging stations is still very broad.

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CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto

Baua Electric

As a result, the cost of a 60 kWh battery, currently priced at USD 6,776, is projected to decrease to USD 3,388 within a year, saving EV manufacturers over USD 3,000 per vehicle. CATL plans to supply automakers with 173 Ah VDA-spec LFP cells boasting 2.2C fast charging capabilities at an average cost of 0.4

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Tesla battery supplier CATL shuts down Sichuan factory during power crisis

Teslarati

The Yibin Bureau of Economy and Information Technology published an article on August 16 about conserving power during hot weather. Recently, Yibin City has ushered in the second round of hot and dry weather this year, and the power supply and demand situation is extremely tight,” the article stated.

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China’s Nio and CATL team up to develop longer life batteries – ET Auto

Baua Electric

Nio currently buys most of its batteries from CATL and has been exploring battery supplies from new partners such as CALB. Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs.

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Ford CEO Jim Farley responds to recent F-150 Lightning price hikes

Teslarati

The vehicle’s price hike, raising as much as $8,500 for some trim levels, is apparently in reaction to the rising costs of battery materials. Ford is already working to combat these rising material costs. Ford is not alone in being forced to raise prices and innovate to combat rising battery costs.

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