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

Teslarati

American electric vehicle maker Tesla has shown some remarkable foresight as it reportedly secured an undisclosed nickel supply deal with Brazilian mining firm Vale. Nickel is an essential component for the batteries of the company’s flagship vehicles, such as the Model S and the Model X.

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Why 2023 will be another great year for electric vehicles

My Energi

Despite doom and gloom stories about electric motoring dominating the national press for the first few weeks of the year, it is clear to anyone who looks at the data that 2023 will be a great year for electric vehicles in the UK. For new car buyers, especially company car drivers, going electric is a virtual no brainer.

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Tesla increases price of base Model 3 in Germany by €7,000

Teslarati

Rivian links supply chain woes to ongoing Ukraine-Russian war. The price increase of the base Tesla Model 3 in Germany means potential buyers aren’t eligible for the highest electric vehicle subsidies from the government. Even the Model S Plaid and Model X Plaid were not immune to the price hikes.

Germany 126
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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.

Price 98
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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. The next-generation cells are a crucial component of Tesla’s long-term plan to make electric vehicles more affordable. This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. .

Batteries 100
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Petrol can be cheaper than electric – if less than £1 per litre

My Energi

• The average electric car remains cheaper to run than an equivalent petrol car • Fuel prices would need to fall below £1 per litre to make petrol cars cheaper to run • Electric car registrations exceeded expectations in 2022, beating forecasts by 7% Despite the average price of petrol falling below £1.50

Petrol 98
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Rivian announces release of Q1 2022 results and earnings call for May 11

Teslarati

Rivian announced that it produced 2,553 vehicles in the first quarter earlier this month. It officially delivered 1,227 electric vehicles and reaffirmed its goal to build 25,000 cars in 2022. . In March, Rivian trimmed its 2022 production target from 40,000 to 25,000 this year, citing supply chain issues.

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