Teslarati

MAY 11, 2022

Rivian stated that it would continue to experience negative gross profit related to labor and overhead costs but expects it to improve once it ramps to higher production volumes. Rivian links supply chain woes to ongoing Ukraine-Russian war. The company believes supply chain constraints will be a limiting factor to its production.

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Price Production Ukraine Canada 98

Green Car Congress

FEBRUARY 19, 2022

The price of European aluminum has increased by about 15% since the start of 2022, exceeding its historic high of October 2021—an increase of more than 60% compared to January 2021, according to a new analysis by European credit insurance group Credendo. Production mainly dropped because energy prices have risen sharply in 2021.

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Ukraine Russia Slovakia Romania 195

Green Car Congress

APRIL 1, 2022

The Biden Administration had earlier in March authorized a drawdown of 30 million barrels in coordination with the IEA in response to Russia’s invasion of Ukraine. Biden called the latest release a “wartime bridge” to increase oil supply until domestic production ramps up later this year. Background. (The 2005 Hurricane Katrina Sale.

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Oil Ukraine Libya Iraq 418

Green Car Congress

MARCH 11, 2022

As nickel is used in the production of EV batteries, any sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel.

Electric Vehicles 349

Electric Vehicles Russia Ukraine Vehicles 349

Teslarati

MARCH 14, 2022

Tesla and SpaceX are experiencing substantial “inflation pressure,” according to CEO Elon Musk, who hinted toward potential price increases for his electric automotive company’s products in the coming months. percent increase in transaction price Year-Over-Year in February, Tesla’s average surged 14.8

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Price Ukraine Tesla Acura 98

Teslarati

MARCH 9, 2022

And according to Morgan Stanley analyst Adam Jonas, the rising price of one particular material — nickel — could result in general electric vehicle prices seeing a $1,000 price increase. The post Morgan Stanley warns that nickel price surge could add $1k to electric vehicle costs appeared first on TESLARATI.

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Electric Vehicles Price Russia Ukraine 116

Teslarati

MARCH 10, 2022

Tesla is reportedly seeing increased order rates in the United States this week after soaring gas prices have helped some drivers transition to electric vehicles to avoid paying astronomical amounts at the pump. more than prices were a year ago. On Monday , AAA ‘s average gas price in the United States sat at $4.17.

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Gas Price Tesla Gas-Electric 145

Teslarati

MAY 5, 2022

Lucid Motors announced a price increase for its Lucid Air product line after releasing its Q1 2022 financial results. In an 8-K SEC filing , Lucid shared a statement from CEO and CTA Peter Rawilson about the Air’s price increase. As the Lucid CEO confirmed, the Air’s new pricing will go into effect on June 1, 2022.

Supplies 92

Supplies Price Ukraine Russia 92

Green Car Congress

JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. and 1.5%, respectively.

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Emissions Oil Prices 2005 Coal 273

Green Car Congress

JULY 21, 2022

Global demand for refined products dropped substantially in 2020 as a result of the COVID-19 pandemic. Less petroleum demand and the associated lower petroleum product prices encouraged refinery closures, reducing global refining capacity, particularly in the United States, Europe, and Japan.

Global 448

Global China Kuwait Oman 448

Teslarati

APRIL 6, 2022

Tesla’s now-operational production facility in Germany, known as Gigafactory Berlin, is facing a potential shutdown in production as the German government is reportedly contemplating an embargo on Russian gas in response to the invasion of Ukraine. Tesla would not be the only company to be affected by the embargo.

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Germany Gas Production Tesla 112

Teslarati

MARCH 31, 2022

President Joe Biden has invoked the Defense Production Act to push for the production of materials domestically. In an official memorandum from the White House , Biden wrote that he would officially launch the Defense Production Act of 1950. Biden could use Defense Production Act for EV battery material production boost.

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Energy Production Philippines United States 92

Green Car Congress

APRIL 21, 2022

While Russia holds significant leverage in influencing oil and gas prices, it pales in comparison to China’s position in several strategic industries critical to the energy transition, says report author Michelle Michot Foss, fellow in energy and materials at the Baker Institute. —Baker Institute report Need Nickel?

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China Energy Indonesia Power Grid 416

Teslarati

NOVEMBER 1, 2022

Northvolt has announced that the ongoing European energy crisis is forcing them to postpone battery production at the company’s new facility in Germany; it is now considering U.S. battery production instead. According to Reuters , the company’s new plan is to focus on starting battery production in the United States.

Production 52

Production Batteries Battery Cheap 52

Green Car Congress

JULY 1, 2022

Despite temporary cost rises for renewables, the gap to fossil fuel power generation continues to widen due to fuel and carbon prices rising even faster. Trade flows have been disrupted by challenges in logistics and transportation, trade barriers, and a re-wiring of relationships following Russia’s invasion of Ukraine.

Cost Of 210

Cost Of Renewable Wind Egypt 210

Cars That Think

SEPTEMBER 2, 2023

That means having an operational concept, a chosen contractor, a sizable production line and a line of funding. Isn’t millions of dollars still a lot of money, compared to the drones now flying over Russia and Ukraine, some reportedly made of cardboard? The USAF is asking Congress for U.S. billion over five years. Fendley demurs.

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Ukraine Russia New York Vietnam 112

Teslarati

SEPTEMBER 19, 2022

However, the EV manufacturer faces an uphill battle as Germany’s electricity prices continue to rise. It also argued that rapid electricity prices would hinder prospective buyers from transitioning to electric vehicles. . The Russia-Ukraine war heavily contributed to rising electricity prices in Germany.

Germany 98

Germany Sale Ukraine Russia 98

Teslarati

MAY 4, 2022

Volkswagen acknowledged the effects of the Ukraine-Russian War in its interim report. It noted price hikes, particularly in energy and commodity markets. Volkswagen is specifically interested in growing in the United States with plans to build a dedicated battery cell production factory in the country. billion ($8.9

North America 96

North America America Market Ukraine 96

Green Car Congress

JANUARY 17, 2023

Phosphorus is one of three nutrients in mineral fertilizers necessary for food production and is on the EU’s list of critical minerals. The rare earth elements in Per Geijer occur together with phosphorus in the mineral apatite, in what is mainly an iron ore deposit and which may therefore be produced as by-products. Background.

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Europe Russia Industrial Industry 259

Teslarati

MARCH 22, 2022

During Battery Day, the CEO also highlighted that Tesla’s nickel-based 4680 batteries would be the heart of the company’s flagship products, like the Cybertruck. This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. . The country also holds 10% of the world’s overall nickel supply.

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Batteries Battery Russia Ukraine 99

Teslarati

APRIL 11, 2022

In March, Rivian trimmed its 2022 production target from 40,000 to 25,000 this year, citing supply chain issues. Those issues, which we believe will continue through at least 2022, have added a layer of complexity to our production ramp-up.”. Fellow EV manufacturer Tesla has also commented on the rising price of lithium.

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Ukraine Supplies IDEA Price 93

Teslarati

APRIL 20, 2022

“Diversification of battery chemistries is critical for long-term capacity growth, to better optimize our products for their various use cases and expand our supplier base,” Tesla said in the Q1 2022 Shareholder Deck release just after market close on Wednesday. Tesla prices increase as raw material costs soar.

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Batteries Battery Tesla North America 128

Baua Electric

JANUARY 4, 2024

The shift to battery vehicles could massively reduce demand for palladium, although some miners are working on the development of products that could boost consumption. Russia, which is being punished by widening western sanctions for its invasion of Ukraine in 2022, is home to Nornickel.

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Auto Ukraine Russia Price 40

Teslarati

APRIL 20, 2022

Used Tesla cars are known for maintaining or sometimes even exceeding the price of new vehicles. Child explained that various reasons had pushed buyers to look into the used car market, including higher interest rates, price hikes, and low vehicle production trends due to the chip shortage. .

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Tesla Ukraine Austin Price 94

Green Car Congress

FEBRUARY 28, 2022

Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region. Like so many, I have been deeply shocked and saddened by the situation unfolding in Ukraine and my heart goes out to everyone affected. bp has operated in Russia for over 30 years, working with brilliant Russian colleagues.

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Russia Ukraine 2013 Financing 186

Teslarati

MAY 8, 2022

JPMorgan Chase will also sell Rivian share blocks between 13 million and 15 million for an unknown seller, priced at $26.80 The EV manufacturer also stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. Last month, Ford reported a net loss of $3.1 billion attributed to its Rivian investment.

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Ford Ukraine Future Supplies 96

Teslarati

MARCH 4, 2023

Two of the biggest challenges in the industry of electric vehicles are the price of battery materials and what happens with batteries when they are at the end of their useable lives. Tesla has already announced that it would make recycled materials a bigger part of its production with the help of Redwood materials.

Mercedes 92

Mercedes Germany Batteries Battery 92

Green Car Congress

SEPTEMBER 29, 2014

A decision by Russia to retaliate against sanctions imposed by the European Union and the US over Ukraine by imposing strong Russian sanctions—i.e., European and American OEMs with production facilities in Russia could increase their local production to circumvent the higher import duties.

Russia 247

Russia Industrial Industry Tax 247

Teslarati

JULY 28, 2022

While the COVID shutdowns hindered Panasonic’s production, Russia’s invasion of Ukraine affected battery material availability. The situation has largely affected the EV supply chain, which has caused raw material prices to skyrocket, thus increasing prices of electric cars.

North America 74

North America Batteries Battery Kansas 74

Teslarati

OCTOBER 5, 2022

Automakers across the EV manufacturing industry have been forced to adjust prices and vehicle lineups due to the increased cost of materials and supply chain deals. Rivian was forced to push prices upward due to materials costs soaring after Russia’s invasion of Ukraine, and these examples are just two of many. .

Tax Credit 82

Tax Credit Buy Affordable Price 82

Baua Electric

AUGUST 8, 2023

The Irvine, California-based corporate cited “progress we have seen to date on our production lines, the ramp of our in-house motor line and the supply-chain outlook” for its revised expectancies. The Amazon.com-backed corporate expects call for for its electrical pickups and SUVs to stay strong even within the face of upper borrowing prices.

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Manufacturer Ukraine Corporation Russia 52

The Truth About Cars

JANUARY 5, 2024

Originally founded in Ukraine as the Technocom food processing firm in 1993, Vingroup has branched out into just about every industry relevant in Southeast Asia. But the ultimate goal is for VinFast to become a globally recognized EV manufacturer offering competitively priced vehicles.

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Fort Worth Wichita Vehicles Las Vegas 109

Teslarati

MARCH 20, 2022

Even Lucid Motors, which is still ramping the Air’s production ramp, has been proudly highlighting that its electric motors, which were also developed in-house, are amazingly compact and efficient. Pure electric vehicle companies have adopted numerous strategies to stand apart from the competition. Credit: IHS Markit.

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Motor Motors Motoring Ukraine 98

Teslarati

MAY 2, 2022

As the Russian War against Ukraine launched earlier this year, material prices skyrocketed , causing many automakers to increase prices. Electric vehicle manufacturing has boosted globally, but the United States is working toward making more parts of the supply chain available in the U.S. Secretary of Energy, said.

Manufacturer 86

Manufacturer Batteries Battery United States 86

Teslarati

JANUARY 6, 2023

But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe. Other automakers, including Ford and GM, have seen massive falls in stock value over the same timeframe.

Porsche 112

Porsche Mercedes BMW Market 112

My Energi

NOVEMBER 16, 2022

A worldwide deficit of lithium, a global shortage of semiconductors and the ongoing conflict in Ukraine are all heavily impacting production efficiencies, with some OEM lead times reportedly reaching upwards of twelve months. So, with supply slim and prices high, is going electric necessarily the right choice for every motorist?

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Cheap Financing Price Buy 133

Cars That Think

FEBRUARY 28, 2022

He took the first step in Crimea in 2014 , and in the early morning hours of 24 February he ordered a large-scale invasion of Ukraine. Over the years, there have been brief supply interruptions and price swings, but nothing like what’s going on now. But Russia now has a huge ally in the world’s largest economy, China.

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Ukraine Russia Fuel Saudi Arabia 118