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Rivian links supply chain woes to ongoing Ukraine-Russian conflict

Teslarati

In its 10-K filing on Thursday, March 31, Rivian stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. The company listed the conflict in Ukraine as one of the reasons it continues to struggle with production. “We The company mentioned risks in battery cell pricing and availability.

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Pentagon considers paying for Ukraine’s Starlink after Musk withdraws funding request

Teslarati

During the weekend, Elon Musk announced that SpaceX is withdrawing its request to the Pentagon to help keep Ukraine’s Starlink satellite internet service running. Musk noted that SpaceX would continue funding Ukraine’s satellite internet out of pocket even if Starlink itself is still losing money at its current state. .

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Ford to sell 8M Rivian shares after $3.1B net loss

Teslarati

In March, Rivian noted in a SEC filing that it expects to see “continuing losses” for the foreseeable future. “We The EV manufacturer also stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. We have incurred net losses since our inception, including net losses of $0.4 billion, $1.0

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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. Norway-based energy analytics firm Rystad Energy estimated that demand would surpass nickel supply around 2024, and by 2026, there might be a shortage of the material. This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. .

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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. Morgan Stanley analyst Adam Jonas has warned that the rising cost of nickel would likely result in electric vehicles like Teslas seeing a price increase.

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Self-Generation Nation – Solar Sales Soar Amid Escalating Energy Costs

My Energi

Even prior to the catastrophic impact caused by Russia’s invasion of Ukraine, prices were creeping up and unprecedented demand was beginning to put pressure on available supply. In 2021 alone, wholesale costs soared by upwards of 250%. And yet, despite continued investment, the Achilles heel of renewables remains.

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EVs in France reach record market share

Push EVs

The bigger picture is that France remains under-supplied with BEVs, and the same is true across Europe as whole. Rarely do growth rates accurately reflect consumer preferences, since overall supplies remain limited. There is no lack of demand for BEVs in France, though supply will continue to be limited for the foreseeable future.

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