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Lucid Air price increases due to rising raw material costs & supply chain challenges

Teslarati

Lucid Motors announced a price increase for its Lucid Air product line after releasing its Q1 2022 financial results. “We announced today that we are increasing prices of our vehicles that will go into effect at the beginning of June. (Credit: Lucid Motors). The Teslarati team would appreciate hearing from you.

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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

Syrah Resources is an Australian company that supplies Tesla from its mine in Mozambique, one of the largest graphite producers. . With few producers in the graphite industry, graphite consumers enter into long-term bilateral supply agreements with little transparency on prices. Graphite Supply. Graphite and Transparency.

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We Need More Than Just Electric Vehicles

Cars That Think

Even if that were possible, there would also have to be an enormous increase in charging infrastructure and in material supply chains. Governments have offered subsidies or tax rebates to make EVs more appealing, a policy which the U.S. Those tax revenues are necessary for the maintenance of roads.