Remove America Remove Articles Remove Auto Industry Remove Cost Of
article thumbnail

Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. Now, according to Reuters , lithium prices have hit all-time lows in China, following similar movements in North America and Europe. What do you think of the article?

Price 145
article thumbnail

Volkswagen to invest up to USD 5 bn in EV maker Rivian as part of tech joint venture – ET Auto

Baua Electric

The auto industry faces a crucial time as EV startups grapple with a slowdown in demand amid high interest rates and dwindling cash, while traditional automakers have struggled to build battery-powered vehicles and advanced software. German automaker Volkswagen Group will invest up to USD 5 billion in U.S.

Parts 52
article thumbnail

Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. Supply chain constraints, coupled with labor shortages which began during the pandemic, also continue to impact the auto industry as they try to ramp up production.

article thumbnail

Tesla considers acquiring Sigma Lithium

Teslarati

Sigma Lithium is one of the largest lithium extractors in South America, thanks in large part to what the company calls “the largest hard rock lithium deposit in the Americas.” What do you think of the article? It remains unclear if other automakers will follow in Tesla’s footsteps.

Tesla 98
article thumbnail

Nissan Leaf – Taking Reservations

Revenge of the Electric Car

Funny that this article cites “a shortage of public charging stations&# as the sole reason for auto makers scrapping electric vehicles in the 1990s. Read more about it in the San Jose Mercury News Article: Reservations for the all-electric Nissan Leaf start Tuesday. By Dana Hull for the San Jose Mercury News. By Dana Hull.

Nissan 160
article thumbnail

Enter BMW — with Carbon Fiber

Revenge of the Electric Car

Here’s the full text of the entire article, in case the link goes bad: [link]. BMW will partner with composites expert SGL Group to construct a new plant in Moses Lake, Washington, that will manufacture lightweight carbon-fiber materials for auto industry applications. Why put the plant in North America, you might ask?

article thumbnail

A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

WEBSTER • FREE PRESS AUTOMOTIVE EDITOR• April 21, 2009 Print this page E-mail this article Share this article Del.icio.us Facebook Digg Reddit Newsvine More evidence that we are approaching an exciting new frontier in the automotive industry will be on display today on Capitol Hill. WEBSTER A 100 m.p.g. Yep, a truck.

IDEA 57