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.
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.