A massive increase in the price of metals for lithium-ion batteries is jeopardizing the economics of future electric vehicles just as established combustion automakers get ready to launch dozens of new models to catch up to Tesla.

The Electric Flash Analysis: As EV Battery-Metal Prices Rise, Automakers Must Decide: Eat Cost or Charge More?
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Dec. 1, 2021 9:14 AM PST
Photo: Nickel and copper ore. Photo: Andrey Rudakov/Bloomberg