EV battery costs have soared in 2022 due to rising raw material and battery component prices, according to a Bloomberg New Energy Finance (BNEF) report. The volume-weighted average for lithium-ion battery pack prices reached $151/kwh this year, a 7% increase over 2021, according to the report. It marks the first time average pack prices have... EV battery cost soared in 2022, hampering EV affordability
EV battery costs have soared in 2022 due to rising raw material and battery component prices, according to a Bloomberg New Energy Finance (BNEF) report. The volume-weighted average for lithium-ion battery pack prices reached $151/kwh this year, a 7% increase over 2021, according to the report. It marks the first time average pack prices have... 
General Motors is about to undertake what it claims is the largest deployment of Level 2 EV chargers in North America. The automaker this week announced the official launch of its Dealer Community Charging Program with the installation of the first charging stations in Wisconsin and Michigan. GM aims to install up to 40,000 Level 2 chargers in the... 
In addition to shortening shifts, the onboarding process for some new employees at Tesla's Shanghai plant has been suspended, according to Bloomberg.
