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Average price of new light trucks in 2019 was 43% higher than average price of new cars

Green Car Congress

Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. From 1990 to 1995, cars had a higher average price than light trucks. Price data are adjusted for inflation (constant 2019 dollars). Finance charges or finance incentives are excluded.

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EV developer Rivian closes $2.5B funding round; raised $10.5B in total since 2019

Green Car Congress

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. Rowe Price Associates, Inc. billion since 2019. Rowe Price Associates, Inc. Rowe Price Associates, Inc. In February 2019, Rivian announced a $700-million funding round led by Amazon.

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Roskill: Rising prices could be new norm for lithium industry

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Although on paper, capacity in the pipeline appears sufficient to meet this demand growth, Roskill expects challenges and set-backs in developing, financing and commissioning lithium mining and refining operations. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

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Used Tesla Model S prices in Australia rise amid cancellation of new deliveries

Teslarati

Under these circumstances, the prices of used Model S and Model X units have reportedly been affected in Australia. For example, a 2019 Tesla Model S 100D saw a 30% price increase to AU$129,999 following Tesla’s announcement last week. They will also be receiving a $3,000 discount if they purchase a Model 3 or Model Y instead.

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J.D. Power: new-vehicle transaction prices hit all-time high despite rising interest rates; sales volume constrained as inventory stays flat

Green Car Congress

However, from a profitability standpoint, the first half of 2022 has set records for both retailers and manufacturers as vehicle prices continue to rise, manufacturer discounts get ever smaller and retailer margins set new highs. In June 2019, leases accounted for 30% of all new-vehicle retail sales. increase in transaction prices.

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EV maker Rivian closes $1.3B funding round led by T. Rowe Price

Green Car Congress

The financing was led by funds and accounts advised by T. Rowe Price Associates, Inc. The investment announcement is Rivian’s fourth of 2019. Rivian has closed an investment round of $1.3 Amazon, Ford Motor Company and funds managed by BlackRock also participated in the round.

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Tesla “Carflation:” UK study finds prices have risen up to 32% in just 3 years

Teslarati

The prices of Tesla’s electric vehicles have been pretty volatile, especially amidst the pandemic. UK-based vehicle finance firm Moneybarn recently shared one of its recent studies with Teslarati. The firm opted to track the price changes of the UK’s most popular all-electric cars, and what they found was quite interesting.

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