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

Teslarati

And according to Morgan Stanley analyst Adam Jonas, the rising price of one particular material — nickel — could result in general electric vehicle prices seeing a $1,000 price increase. That’s a lot of electric cars, a good number of which would likely need nickel. . This prompted a trading halt.

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

Teslarati

Tesla and SpaceX are experiencing substantial “inflation pressure,” according to CEO Elon Musk, who hinted toward potential price increases for his electric automotive company’s products in the coming months. percent increase in transaction price Year-Over-Year in February, Tesla’s average surged 14.8

Price 98
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A Guide To Fuel Efficient Driving — Part One (2022 update)

CleanTechnica EVs

Thanks to Covid-induced supply chain issues and Russia’s war with Ukraine, oil prices have jumped to over $100/barrel. That and the dearth of refining capacity (converting crude oil to gasoline/diesel) has pushed the price of gasoline and diesel to record highs.

Ukraine 97
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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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LKAB identifies Europe’s largest deposit of rare earth metals in Lapland; Per Geijer

Green Car Congress

We face a supply problem. Without mines, there can be no electric vehicles. According to the European Commission’s assessment, the demand for rare earth elements for electric cars and wind turbines, among others, is expected to increase more than fivefold by 2030. —Jan Moström, President and Group CEO, LKAB.

Europe 259
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Tesla battery supplier Panasonic’s Q1 profit hit hard by COVID lockdowns

Teslarati

While the COVID shutdowns hindered Panasonic’s production, Russia’s invasion of Ukraine affected battery material availability. The situation has largely affected the EV supply chain, which has caused raw material prices to skyrocket, thus increasing prices of electric cars.

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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

Power 52