I welcome that they disclosed it was multiple components that led to the increase, in fact, I believe they didn't mention of single out battery materials costs.
According to IHS Markit Ltd, battery costs are predicted to increase 5% this year.
In reading the below article, the US gov are lost in the battery/critical materials supply chain forest atm, as gov policy is not going to change anything in the short to medium term. They suggest high O & G prices will spur greater EV adoption, but high O & G prices are also driving up the cost of EV's, pushing up all component production and shipping costs, while higher battery costs is only exacerbating the situation.
https://www.eenews.net/articles/rising-metals-prices-threaten-u-s-green-energy-push/
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