Vambo Posted August 17, 2022 Report Share Posted August 17, 2022 https://www.cnbc.com/2022/05/21/electric-vehicle-prices-rise-at-tesla-rivian-gm-and-other-carmakers.html Automakers from Tesla to Rivian to Cadillac are hiking prices on their electric vehicles amid changing market conditions and rising commodity costs, specifically for key materials needed for EV batteries. Battery prices have been declining for years, but that may be about to change. One firm projects a sharp increase in demand for battery minerals over the next four years that could push the price of EV battery cells up by more than 20%. That’s on top of already-rising prices for battery-related raw materials, a result of supply-chain disruptions related to Covid and Russia’s invasion of Ukraine. The higher costs have some electric vehicle makers boosting their prices, making the already-expensive vehicles even less affordable for average Americans and begging the question, will surging commodity prices slow the electric-vehicle revolution? GM and Ford had raised the prices of certain electric models by between $6,000 and $8,500, roughly matching the $7,500 tax credit introduced under the inflation bill. Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted August 17, 2022 Report Share Posted August 17, 2022 2 hours ago, Vambo said: https://www.cnbc.com/2022/05/21/electric-vehicle-prices-rise-at-tesla-rivian-gm-and-other-carmakers.html Automakers from Tesla to Rivian to Cadillac are hiking prices on their electric vehicles amid changing market conditions and rising commodity costs, specifically for key materials needed for EV batteries. Battery prices have been declining for years, but that may be about to change. One firm projects a sharp increase in demand for battery minerals over the next four years that could push the price of EV battery cells up by more than 20%. That’s on top of already-rising prices for battery-related raw materials, a result of supply-chain disruptions related to Covid and Russia’s invasion of Ukraine. The higher costs have some electric vehicle makers boosting their prices, making the already-expensive vehicles even less affordable for average Americans and begging the question, will surging commodity prices slow the electric-vehicle revolution? GM and Ford had raised the prices of certain electric models by between $6,000 and $8,500, roughly matching the $7,500 tax credit introduced under the inflation bill. AHHHRHRHRHR !!! THAT IS 6 to 7500 bucks I WASN'T GOING TO EVER SPEND ! DAMMIT, I TELL YOU>... wait. Never mind. I'm good. Quote Link to comment Share on other sites More sharing options...
TexasAg1969 Posted August 18, 2022 Report Share Posted August 18, 2022 Worse still! 👎 https://apnews.com/article/technology-electric-vehicles-pontiac-6b9fee7ca91666f765441ca879cf0ad6?user_email=c780a40b821957c690b8d305176df6c4ec80c0a431e9641419612d4c0fe6b57c&utm_source=Sailthru&utm_medium=email&utm_campaign=August18_MorningWire&utm_term=Morning Wire Subscribers Quote Link to comment Share on other sites More sharing options...
DieHardBrownsFan1 Posted August 18, 2022 Report Share Posted August 18, 2022 1 hour ago, TexasAg1969 said: Worse still! 👎 https://apnews.com/article/technology-electric-vehicles-pontiac-6b9fee7ca91666f765441ca879cf0ad6?user_email=c780a40b821957c690b8d305176df6c4ec80c0a431e9641419612d4c0fe6b57c&utm_source=Sailthru&utm_medium=email&utm_campaign=August18_MorningWire&utm_term=Morning Wire Subscribers Death before dishonor! Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted August 18, 2022 Report Share Posted August 18, 2022 remember when diesel fuel was CHEAPER than regular gas, because it took less refining? now it is a lot more expensive, since a lot of folks bought cars/trucks with diesel engines? yeah. demand-pull inflation. just wait til a lot of folks buy electric cars someday. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted August 18, 2022 Report Share Posted August 18, 2022 5 hours ago, TexasAg1969 said: Worse still! 👎 https://apnews.com/article/technology-electric-vehicles-pontiac-6b9fee7ca91666f765441ca879cf0ad6?user_email=c780a40b821957c690b8d305176df6c4ec80c0a431e9641419612d4c0fe6b57c&utm_source=Sailthru&utm_medium=email&utm_campaign=August18_MorningWire&utm_term=Morning Wire Subscribers Quote Link to comment Share on other sites More sharing options...
Vambo Posted August 18, 2022 Author Report Share Posted August 18, 2022 9 minutes ago, cccjwh said: Quote Link to comment Share on other sites More sharing options...
Vambo Posted August 31, 2022 Author Report Share Posted August 31, 2022 Just buy an electric vehicle, they said. You won’t have to worry about the price of gas, they said… 1 Quote Link to comment Share on other sites More sharing options...
Vambo Posted August 31, 2022 Author Report Share Posted August 31, 2022 Man Learns He Needs New EV Battery, Hit with $30,000 Price Tag - More Than Car Itself https://www.westernjournal.com/man-learns-needs-new-ev-battery-hit-30000-price-tag-car/?utm_source=facebook&utm_medium=westernjournalism&utm_content=2022-08-30&utm_campaign=manualpost&fbclid=IwAR2mV_No2Wf08Kf_aRW48C3gAVnQe6SqS_wCsBzTixCmZRPDmx_G_qRYyek Quote Link to comment Share on other sites More sharing options...
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