Green Car Congress
MARCH 11, 2022
As nickel is used in the production of EV batteries, any sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel.
Teslarati
MARCH 9, 2022
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. Nickel has seen a rapid rise as of late, with the material surging above $100,000 a metric ton on the London Metal Exchange.
Teslarati
MARCH 14, 2022
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
Teslarati
MARCH 10, 2022
The long range variants of the Tesla Model 3 sedan and Model Y crossover have received a $1,000 price adjustment in the United States. In China, select variants of the Model 3 and Model Y also received a price increase of RMB 10,000 (about $1,500). This is hinted at by the fact that the base Model 3 RWD did not see a price increase.
Green Car Congress
APRIL 21, 2022
While Russia holds significant leverage in influencing oil and gas prices, it pales in comparison to China’s position in several strategic industries critical to the energy transition, says report author Michelle Michot Foss, fellow in energy and materials at the Baker Institute. —Baker Institute report Need Nickel?
Teslarati
MARCH 30, 2022
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. In early March, nickel prices surged above $100,000 per metric ton on the London Metal Exchange, prompting a trading halt. .
Teslarati
APRIL 20, 2022
Tesla prices increase as raw material costs soar. Tesla performed several routine price increases during Q1, with a substantial hike on its entire lineup at the end of the quarter. Prices for raw materials, especially nickel, soared as the War in Ukraine raged on. The Tesla Q1 2022 earnings call will begin at 4:30 p.m.
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