ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

Tesla, BYD raise electric car prices on nickel turmoil

Essential metal in car batteries at over $30,000 per ton after invasion

Tesla has raised electric car prices in the U.S. and elsewhere.   © Reuters

TOKYO/GUANGZHOU -- Russia's invasion of Ukraine has driven up the prices of battery materials, such as nickel and lithium, forcing Tesla and other electric vehicle makers to raise prices.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more