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Industry highlights week 20 – 24 Jun 2022

BMW Starts Production At New $2.2 Billion China Plant To Ramp Up EV Output

Germany’s BMW said today that production has formally begun at a new plant in China with an investment of 15 billion yuan ($2.24 billion) as the carmaker accelerates electric vehicle (EV) production.

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Electric Vehicles Are Getting More Expensive Because Raw Material Costs Have More Than Doubled To $8,000, Research Finds

The cost of producing electric vehicles soared in the last two years, with the price of the raw materials needed to build the cars more than doubling since the start of the pandemic, CNBC reported citing research from consulting firm AlixPartners.

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Toyota Recalls EV Fleet With Warning Wheels Could Fall Off

Toyota is recalling its fleet of 2,700 electric vehicles less than two months after launching its first mass-produced battery-powered sport utility vehicle, which was designed to take on Tesla.

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Lidl Ireland Add EV And HVO Vehicles To Logistic Fleet

Retailer Lidl Ireland has announced the introduction of its first Electrical truck and Hydrogenated Vegetable Oil (HVO) Heavy Goods Vehicle (HGV) into its logistics fleet.

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The Electric Cars With The Longest Range in 2022

Range anxiety remains one of the biggest mental hurdles preventing car buyers from going electric. But technology has improved dramatically since Nissan launched the Leaf with 73 miles of EPA range back in 2010.

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