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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?

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

Teslarati

After announcing a series of price hikes for the Ford F-150 Lightning lineup, Ford CEO Jim Farley has responded to concerns. According to CNBC , Jim Farley has responded to criticism of price hikes that apply to the in-demand Ford F-150 Lightning. Consumers should be painfully familiar with supply shortages in the auto industry.

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Euro 7 emissions same old to price again and again EU forecasts, ACEA says

Baua Electric

Proposed Euro 7 emissions rules will top to direct prices for automakers which might be as much as 10 instances upper than the Ecu Fee’s forecasts, business lobbying staff ACEA stated, mentioning a fresh learn about. ACEA stated the rise in costs for shoppers and corporations purchasing the ones automobiles could be even upper.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

However, the flurry of announcements from the OEMs could also be interpreted as a high-stakes game of one-upmanship or a corporate PR exercise to boost investor confidence. Nevertheless, the investment announced remain important for automakers from a perspective of sustaining the ongoing disruptions in the automotive industry.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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EV startups collaborated with Foxconn to boost up manufacturing. The wait continues.

Baua Electric

The high-profile association with Lordstown seems to be collapsing over a feud about that corporate’s secure worth. However even earlier than that, Lordstown paused Foxconn’s manufacturing of the Perpetuity pickup, bringing up imposing prices and trait problems. appeared first on Bauaelectric Auto News.

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Ford hires Whirlpool government Liz Door as well-known provide chain officer

Baua Electric

stated it has leased Liz Door, a sourcing government at equipment maker Whirlpool, to be the corporate’s well-known provide chain officer because it appears to be like to reset provider members of the family amid feature woes and value issues. Ford Motor Co. Robinson nearest day.

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