Rising lithium prices could mean cheap EV hurdles
Hopes from those in the industry that prices of electric vehicles might continue to fall gradually might have to be put on hold, following significant price rises for lithium.
Hopes from those in the industry that prices of electric vehicles might continue to fall gradually might have to be put on hold, following significant price rises for lithium.
Tesla chief executive Elon Musk has reportedly agreed to build a factory in Central Java province after meeting with Indonesia’s president Joko Widodo.
Tesla has issued a recall notice for Australian-issue Model 3s built in 2021 and 2022, relating to concerns of an issue that can cause the car’s onboard computers to fail. The issue can reportedly be triggered by fast-charging.
Tesla has stopped reservations for the Cybertruck in Europe and Asia, now only taking reservations for its electric pickup truck (ute) in North America where it’s expected next year.
Tesla recorded US$18.76 billion revenue in its first quarter this year – up a billion more than estimates and 87% above the same period last year. It also produced 310,048 EVs in the three months to March 31, 2022, about 95% of them Model 3s and Model Ys.
Making your first electric vehicle purchase can feel like quite a rigmarole to some, particularly when it comes to the business of charging your car at home. Brands typically include a handy charging cable for home trickle charging as standard.
The “Cyber Rodeo” opening of the US$1.1 billion Giga Factory Texas was one big party with Tesla chief executive Elon Musk promising a “massive wave” of production there next year, including the Cybertruck, Model Y, Semi, a new Roadster, battery cells, and the humanoid Optimus robot.
Australian pricing for the much anticipated Tesla Model Y has reportedly been leaked ahead of its arrival down under. Numerous outlets are reporting that the entry-level single-motor rear-wheel drive Model Y variant will be priced from $67,990 before on-road costs.
Panasonic intends investing 600 billion yen (A$6.54 billion) in areas such as automotive batteries and supply chain software.
Tesla says it produced more than 305,000 vehicles and delivered in excess of 310,000 in the first quarter of 2022, in spite of ongoing supply chain challenges and factory shutdowns.