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Posted by Redaktion
 - March 09, 2022, 16:50:45
If the price of nickel goes from US$20,000 to US$50,000, this adds US$1580 in costs to the typical 60 kWh electric vehicle battery pack, and the price of the metal briefly touched US$100,000 due to the sanctions levied on Russia. Tesla's move to bet on cheaper iron-based LFP batteries for its Model 3 and Model Y looks rather smart now.

https://www.notebookcheck.net/Tesla-s-LFP-battery-switch-proves-wise-as-Russian-nickel-cut-adds-US-1580-to-EV-production-costs.607328.0.html