With the pandemic and Russia's invasion of Ukraine upending supply chains, the cost of raw materials needed to produce electric car batteries is soaring.
Hyunjoo Jin reports on the shortages facing the electric car industry, particularly as Russia's invasion of Ukraine threatens crucial material supplies. "Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, hampering the broader adoption of the technology, said Gregory Miller, an analyst at industry forecaster Benchmark Mineral Intelligence." As Jin writes, "Benchmark Mineral Intelligence said battery producers started increasing lithium-ion cell prices late last year in response to the higher raw material prices they had seen throughout 2021."
According to Jin, "The conflict in Ukraine has only raised the stakes, pushing nickel and aluminium prices to record highs on Monday on growing fears exports from leading producer Russia could be disrupted. Lithium prices also have increased, more than doubling since year end, as supply fell short of rising demand." Coupled with other supply chain issues caused by the COVID-19 pandemic, this could have a significant impact on electric vehicle production and costs.
The article details the cost increases and production delays experienced by various EV manufacturers. Electric truck maker Rivian raised the cost of its vehicles by 20 percent for new orders, while Tesla abandoned plans to build a $25,000 car.
Indiana Once Again Considering Ban on Dedicated Transit Lanes
The proposed legislation would impact the construction of planned IndyGo Blue Line, the third phase of the city’s bus rapid transit system.
4 Ways to Use AI in Urban Planning and City Design
With the ability to predict trends, engage citizens, enhance resource allocation, and guide decision-making, artificial intelligence has the potential to serve as planners’ very own multi-tool.
LA’s ‘Spongy’ Infrastructure Captured Almost 9 Billion Gallons of Water
The city is turning away from stormwater management practices that shuttle water to the ocean, building infrastructure that collects and directs it underground instead.
The History of Racial Zoning and Housing Discrimination in the US
More than a century of discriminatory housing policy divided cities and contributed to the racial wealth gap and other social and economic inequities.
Opinion: Resort Towns Must Take Action to Keep Housing Affordable
The workers that keep many popular tourist destinations running find it more difficult to find affordable housing near their jobs as more remote workers move to scenic resort areas.
Commentary: San Antonio Needs ‘Thoughtful Reforms’ to Improve Affordability
The growing Texas city needs a new approach to meet its residents’ housing and mobility needs.
City of Grand Forks, North Dakota
HUD's Office of Policy Development and Research
Harvard GSD Executive Education
City of Laramie, Wyoming
Colorado Department of Local Affairs
Lassen County Planning and Building Services
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.