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Benchmark: Russia’s invasion of Ukraine risks raising costs for Europe’s auto industry

Green Car Congress

Russia’s invasion of Ukraine threatens to increase costs for Europe’s vehicle industry, which is already struggling with record high lithium prices and a shortage of semiconductor chips, according to Benchmark Mineral Intelligence.

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EV prices soar, as one exec warns of market "collapse" if they don't get cheaper

Green Car Reports

EV prices are soaring at a non-sustainable rate, one auto-industry executive warns. As noted by Autoblog, several automakers have raised prices on their electric models in recent months. Tesla has raised prices multiple times this year, and the GMC Hummer EV got a $6,250 price bump last week.

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CEO’s Take On 2024: Tech-driven auto industry targets to be smarter, greener, says Prashanth Doreswamy – ET Auto

Baua Electric

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. Overall, the industry will continue to transform, and technology will continue to disrupt the automotive industry.

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Toyota energy storage, Mercedes EQB details, Ford CEO on EV shakeout: Today’s Car News

Green Car Reports

Mercedes puts a price on its EQB electric SUV. And Ford’s CEO sees EVs as the spark for a big industry consolidation. This and more, here at Green Car Reports. Is the auto industry headed for a big shakeout, and a price war over EVs? In a financial.

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Inflation, Tesla Prices, Tesla Demand, & The Future Of Tesla

CleanTechnica EVs

As inflationary pressure has hit raw materials over the past few months, the auto industry has struggled to keep investors and consumers both happy. consumer price index for […].

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Drive Green: A Year in Review

Green Energy Consumers

There’s no doubt about it, 2021 was a rough year for the auto industry and consumers looking for a car. The industry has suffered from the chip shortage, other supply chain issues, and not to mention the Chevrolet Bolt battery issues resulting in a stop-sale.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The leading iron ore exporters announced on 30 March steps to raise their prices by more than 80%. Major producers like India and Russia hardly export their iron ore.