article thumbnail

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. Rivian noted that its ability to develop and manufacture vehicles of sufficient quality on time and at a large scale is still unproven. The Teslarati team would appreciate hearing from you.

Ukraine 140
article thumbnail

GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

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.

article thumbnail

Tesla’s production expansion, surging oil prices bring stock upgrade from Daiwa Securities

Teslarati

Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock. The factory in Shanghai manufactured 51.7

article thumbnail

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

Teslarati

Tesla increased the price of the base Model 3 in Germany by €7,000 ($7,678.44) over the weekend from just under €42,990 ($47,158.74) to €49,990 ($54,837.53). The price hike follows a few other price increases in early March. Rivian links supply chain woes to ongoing Ukraine-Russian war.

Germany 127
article thumbnail

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. The post Morgan Stanley warns that nickel price surge could add $1k to electric vehicle costs appeared first on TESLARATI.

article thumbnail

Biden Administration announces $3bn plan for U.S.-based EV battery manufacturing

Teslarati

-based EV battery manufacturing, a small part of a much larger push toward transitioning to electric vehicles. Electric vehicle manufacturing has boosted globally, but the United States is working toward making more parts of the supply chain available in the U.S. based EV battery manufacturing appeared first on TESLARATI.

article thumbnail

Credendo: European aluminum sector in a critical situation

Green Car Congress

The price of European aluminum has increased by about 15% since the start of 2022, exceeding its historic high of October 2021—an increase of more than 60% compared to January 2021, according to a new analysis by European credit insurance group Credendo. Production mainly dropped because energy prices have risen sharply in 2021.

Ukraine 195