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Argonne study finds rare earth supply disruptions can have long-range impacts

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A range of devices and machines rely on rare earth elements that are mined and refined largely in China. Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. Causes of supply disruptions. Riddle et al.

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Tesla Model 3 Long Range, White Interior option, see another minor price increase

Teslarati

Tesla has implemented another minor price increase for the Model 3 Long Range Dual Motor All Wheel Drive (AWD). The electric vehicle maker also rolled out a price increase for the upgraded Model 3 sedan’s White Interior option. The mid-tier upgraded Model 3 sedan’s starting price then increased to $47,490.

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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. BloombergNEF expects prices to stay at similar levels next year, further defying historical trends.

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Tesla Model 3 Long Range Dual Motor All Wheel Drive sees price increase

Teslarati

Tesla has implemented a minor price increase for the upgraded Tesla Model 3 Long Range Dual Motor All Wheel Drive (AWD). The price increase comes just nine days after Tesla rolled out a $1,000 price adjustment to the mid-tier all-electric sedan’s price. Don’t hesitate to contact us with news tips.

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Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

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With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

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The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

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