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On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper prices plunged 27% to a low of US$4,617/t in late March as the global impact of COVID-19 became apparent, but copper stabilized and then began to rise, completing a full recovery to its January starting point by the end of July.
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.
The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.
Tesla ( NASDAQ: TSLA ) is getting some well-deserved price target upgrades from Wall Street analysts after it reported what will likely be looked at as its key earnings call for 2024. Tesla stock spikes over 20% on strong margins and 2025 guidance With the strong earnings, Tesla is getting several price target upgrades from analysts.
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.
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.
The theme at the Paris Auto Show this year is lower priced electric cars that can compete with low cost offerings from Chinese manufacturers. The post At The 2024 Paris Auto Show, The Focus Is On Price appeared first on CleanTechnica.
continued] The post Tesla Already Dropping Prices on Model 3 & Cybertruck in 2025 appeared first on CleanTechnica. Tesla superfans did not like that and claimed we were wrong and irrationally hating on Tesla. As it turned out, Tesla’s sales dropped in 2024 year over year far off of the company’s.
The 2024 Nissan LEAF is on sale now with a starting manufacturer’s suggested retail price (MSRP) of $28,140. Dealer sets actual price. Prices and specs are subject to change without notice. MSRP excludes applicable tax, title, license fees and destination charges. Destination and handling $1,095.)
Chevrolet, which resumed production of the Bolt electric vehicles in April, has announced that the upcoming 2023 Bolt models will be priced significantly lower than their predecessors. The 2023 Bolt EV starts at $26,595 ($5,900 lower); the Bolt EUV starts at $28,195 ($6,300 lower). 2023 Bolt EV. 2023 Chevrolet Bolt EUV Redline Edition.
Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.
A Tesla executive managing the Australian and surrounding markets has detailed the company’s plans to move away from rapid pricing changes with the arrival of the new Model Y, especially as electric vehicle (EV) competition from other Chinese automakers arrives in Australia and surrounding markets.
The radical BYD Shark 6 plug-in hybrid ute is open for orders and will be priced from $57,900 plus on-road costs. Pricing for the hotly-anticipated PHEV was revealed at an outback bash near Broken Hill. seconds The post BYD Shark 6 priced from $57,900 plus on-roads, undercutting Hilux and Ranger appeared first on EV Central.
RBC Capital Markets analyst Tom Narayan cut Tesla’s price target from $440 to $320. RBC is the latest firm to lower its Tesla price target. However, the RBC analyst’s new TSLA price target still represents a potential upside of 34%. Narayan follows other TSLA analysts who have cut their price targets for the company.
The automaker recently announced pricing for the SUV, and while the starting numbers are less than the Air sedan’s initial pricing, it’s still one expensive EV. That said, Lucid released the most expensive variants of the Air sedan first, before reducing the price in later models.
Used car prices havent tumbled as many predicted after their meteoric rise during and after COVID, but prices for used EVs have. Preowned vehicle pricing has fallen less than one percent over the last year, according to a recent study from iSeeCars , but used EVs dropped more than 15 percent during the same period.
The folks over at Electrek made an interesting observation recently: the price of a Ford Transit van is the same whether you go for the gas or the electric version! continued] The post Ford’s Price Drops Are Making Electric Van Life Happen Faster! appeared first on CleanTechnica.
Goldman Sachs slightly cut its 12-month price target for Tesla from $345 to $320, citing weaker-than-expected vehicle deliveries in key regions and demand challenges. The post Tesla gets a $320 price target from Goldman Sachs appeared first on TESLARATI.
Tesla shares ( NASDAQ:TSLA ) have received a “Buy” rating and a $475 per share price target from Benchmark. Benchmark’s price target is based on 68.2 pre-mkt as Benchmark initiates TSLA with a Buy rating and $475 price target. TSLA +1.8% Don’t hesitate to contact us with news tips.
In a market where the average new car price is somewhere in the upper troposphere, it is gratifying to know shoppers can still purchase a well-equipped all-wheel drive vehicle for $24,665 including destination. That’s the price Subaru has stuck on the window of its 2025 Impreza, a five-door hatchback which costs just $500 more than last year.
continued] The post Toyota bZ4X EV Gets $6,000 Price Cut For 2025 appeared first on CleanTechnica. Most reports say it hasnt sold that well, perhaps due to average range and charging speed. The name bZ4X doesnt really have that sound or feeling of a known vehicle; its obscure, is it not? It certainly.
Higher prices of more than $20/kg will be required over the next decade to support the more than 100 new projects required, in Albemarle’s analysis, to bridge that gap and support demand fully. Albemarle also estimates the 2030 mined supply to come in at 2.9 MMt LCE—creating an 800,000 tonne supply deficit, net of recycling.
Updated Pricing The above reflects MSRP as of 2 May 2023. BlueCruise is now equipped on 199,000 Ford and Lincoln vehicles in North America and customers have accumulated more than 70 million hands-free miles driven with the technology. Consumer Reports named BlueCruise its top-rated Active Driving Assistance System.
Is the Lucid Gravity, which will start at just under $80K, priced right? With a lower-cost trim unlikely, at least any time soon, does this pricing scheme work? Will it move for that money? I gotta admit, $79,900 doesn't sound too bad , but $94,900 does. And you'll probably not want the base trim. What say you? Sound off below.
Now priced from $58,900 plus on-road costs for the regular version of the Rear-Wheel Drive, the Model Y is $4500 cheaper than the Launch Series version of the heavily updated electric SUV, codenamed Juniper. seconds with optional acceleration boost) The post Tesla Model Y price shock! seconds (4.3 seconds (4.3
continued] The post Tesla Developing Lower Priced Model Y in China, “Market Response to Tesla’s Revamped Model Y Is Not Optimistic.” That’s been the case around the world. The one explanation that is most hopeful for Tesla is that the switch to a new, upgraded Model Y is causing.
The BYD Atto 3 came in for an upgrade in 2024 and has recently had its price sharpened as part of a strategy to boost sales and better take the EV fight to Tesla. As well as the addition of a new price-focused Essential model, the regular Atto 3 is better value than ever courtesy of improved spec and a lower price.
” Piper Sandler also adjusted its price target for TSLA stock from $315 to $500 per share. Piper Sandler noted that it is transitioning to a P/E-based methodology, and its $500 per share TSLA price targetis based on 120x FY26E EPS, as noted in an Investing.com report. Don’t hesitate to contact us with news tips.
Kia’s EV3 small SUV will cost from $47,600 when it lands in Australian showrooms later this month, with drive-away pricing set at $48,990 for every state except WA ($49,990). Confusingly, the ACT is the only state or territory to not score drive-away pricing on grades above the entry level EV3 Air.
The single Shark 6 model is priced from $57,900 plus on-road costs, while the GWM Cannon Alpha PHEV is available drive-away for $63,990 Lux or $68,990 Ultra trims. That would add something like $2500 to the price and slightly more for more expensive variants. READ MORE: Has the BYD Shark 6 already been dethroned?
The 2025 Cupra Tavascan will be priced from $60,990 plus on-road costs when sales begin in Australia this April, two years after its global debut. Youll find state-by-state Tavascan drive-away pricing at the bottom of this story. 2025 Cupra Tavascan Australian pricing: The post Tesla Model Y Juniper undercut on price again!
Honda recently announced the 2025 Prologue, giving it more power and range for the same price. The GM-built Honda Prologue became one of the nations most popular EVs last year, thanks to aggressive incentives and lease deals. The 2025 Prologue will arrive with up to 308 miles of range, 12 miles more than the 2024 model.
EIA based the forecast on expectations of crude oil prices and infrastructure capacity additions. EIA forecasts the US benchmark West Texas Intermediate (WTI) crude oil price will average $77 per barrel (b) in 2023 and $72/b in 2024, down from $95/b in 2022. million b/d in 2023.
Tesla used car prices are falling at three times the rate of the rest of the used car market, which is also going down. When new sales and used sales are not going well, its a giant red flag.
Renault has announced a price hike for the first time since February 2023. Renault will increase the prices of its cars by up to 2 per cent. Renault India has announced that they will be increasing the prices of the Kiger , Kwid and Triber from April 1st. The prices will be hiked by up to 2 per cent.
Piedmont holds an offtake agreement for the greater of 113,000 tons per year or 50% of spodumene concentrate production from NAL at a ceiling price of US$900 per metric ton on a life-of-mine basis. The pricing received by Piedmont under the agreement with Tesla will be determined by market prices at the time of each shipment.
US proved reserves had previously decreased 4% in 2020 as a response to prices that fell with decreased consumption during the first year of the COVID-19 pandemic. Prices heavily affect estimates of proved reserves. The wholesale spot price for natural gas at the US benchmark Henry Hub in Louisiana averaged $3.89
Sales of the Nissan Sakura are scheduled to start this summer, with pricing from ¥2,333,100 to ¥2,940,300 (US$18,000 to $23,000). Sales of the Mitsubishi eK X EV will start in June, with pricing from ¥2,398,000 to ¥2,932,600 (US$18,800 to $22,900).
The automaker wants to boost volume in 2025, and it may cut Outlander Sport pricing to help move more inventory in the wake of the Mirages discontinuation. A chair of the Mitsubishi National Advisory Board told AutoNews , Its probably a solution to the OEM problem, but not a solution to move volume.
The price for cobalt spiked to $40 per pound in 2018, but returned to $25 dollars per pound in 2021. Nickel prices have now soared to $52,700 a metric ton (US$23.90/lb)—the Cobalt is an important ingredient in lithium-ion battery cathode production, accounting for about a quarter of the cost of the battery. Source: DOE.
Kia cites rising input costs and supply chain challenges as reasons for the price hike. Kia has announced a 3 per cent price hike across its models. Kia India has announced a 3 per cent price hike for its cars starting April 1st, 2025. Also Read : 2025 Kia Carens slated to debut next month.
By: Sameer Fayaz Contractor | Updated on: 21 Mar 2025, 17:37 PM Mahindra attributed the higher prices to rising input cost and increased commodity prices, among other reasons.
There are two models in the range, the $45,888 Style and the $49,888 Design (prices are exclusive of on-road costs). There are two models in the range, the $45,888 Style and the $49,888 Design (prices are exclusive of on-road costs). Service intervals are 12 months/20,000km and capped price servicing comes out at $2000 for five years.
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