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Tesla says ‘nearly half’ of the vehicles it produced in Q1 equipped LFP batteries

Teslarati

Tesla revealed in its Q1 2022 Shareholder Deck that “nearly half” of the cars it produced in the first quarter equipped LFP (lithium iron phosphate) battery cells that are free of nickel or cobalt. Currently, LFP batteries are used in most of our standard range vehicle products, as well as commercial energy storage applications.

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Tesla shows foresight with undisclosed nickel supply deal with Vale: report

Teslarati

Nickel is an essential component for the batteries of the company’s flagship vehicles, such as the Model S and the Model X. Even before Russia’s invasion of Ukraine, nickel was already experiencing a rise in cost. But following Ukraine’s invasion, the price of the material saw an even more drastic rise.

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

Teslarati

For years, Tesla has invested heavily in its supply chain and battery strategy. So focused was the company in these endeavors that it even decided to design and produce its own batteries, the 4680 cells. But while nickel is a critical ingredient of lithium-ion batteries, experts have predicted an upcoming shortage for some time.

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Tesla holds highest average transaction price increase in 2022, Musk warns of ‘inflation pressure’

Teslarati

Last night, CEO Elon Musk indicated both Tesla and SpaceX were experiencing incredible pressure from inflation, which would likely increase the costs of its products. Tesla has not been invincible in recent months, being forced to increase prices of its vehicles due to raw materials availability, especially for electric vehicle batteries.

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Tesla Model 3 and Model Y receive latest round of price increases in US and China

Teslarati

With the latest round of price adjustments, the cost of the Model 3 Long Range Dual Motor in the United States has increased from $50,990 to $51,990 before options and incentives. The base Model 3 RWD is equipped with a lithium-iron-phosphate (LFP) battery, which uses no nickel. . The Model 3 Long Range saw a 10.6%

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Nickel expert calls on Musk, Farley, others to demand Nickel sourcing in North America

Teslarati

Nickel has been a significant talking point of many automotive CEOs for about two years as its wide availability could alleviate battery manufacturing bottlenecks for cells containing either controversial or hard-to-obtain rare earth metals. Nickel is going to be a major factor in EV batteries in the coming years.

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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Scientists and engineers have extended the range of EVs by cramming ever more energy into their batteries, and vehicle charging networks have expanded in many countries. EVs have finally come of age.