A surge in raw material prices could cause EV battery prices to rise, according to a recent Reuters report. Battery prices have declined consistently over the past few years, but rising prices of nickel, lithium, and other materials—exasperated by Russia's invasion of Ukraine—could halt or even reverse that trend, according to the... Analysts: Raw material price surge will put EV battery affordability gains on hold until 2024
A surge in raw material prices could cause EV battery prices to rise, according to a recent Reuters report. Battery prices have declined consistently over the past few years, but rising prices of nickel, lithium, and other materials—exasperated by Russia's invasion of Ukraine—could halt or even reverse that trend, according to the...