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Morgan Stanley warns that nickel price surge could add $1k to electric vehicle costs

Teslarati

Several reasons are behind nickel’s price surge, which saw the material go up 250% in the past two days, though it is believed that a driving factor is Russia’s ongoing invasion of Ukraine. . Tesla is already doing this with its vehicles that are equipped with lithium iron phosphate batteries (LFP) batteries.

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Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs

Teslarati

Being a key component of its high-performance batteries, Musk stated back in 2020 that any company that can provide Tesla with environmentally-friendly nickel would be granted with a massive contract. This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. .

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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Baua Electric

A surge in the cost of jet fuel after Russia invaded Ukraine also hurt profits. In addition to increased supply-chain issues, Mr. Handshoe said, new labor agreements grant pilots, flight attendants, mechanics and other workers big raises. Many airline executives are now assessing how the F.A.A.

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A military veteran for EVs

Electric Auto Association

Oil markets are dominated by OPEC and Russia-related countries that can threaten our economic sovereignty and disrupt our foreign policy priorities. leadership in auto manufacturing. auto sector currently supports 9.9 Even right now, we are seeing that oil markets are volatile and subject to price spikes the U.S.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

These additional requirements are meant to encourage the auto industry to rely less on foreign countries like China and more on domestic sources for these components, promoting local manufacturing and supply chain security. In addition, battery sourcing requirements can also affect a vehicle’s eligibility. Bundle charging. One low payment.

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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

Just this past year Russia sent tanks into oil-rich Georgia, and an oil tanker was hijacked off the coast of Somalia. In a similar vein, batteries will be a competitive advantage for the auto-makers of the future. auto manufacturers. We would also have a degree of resilience in the face of threats. And they exist.

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