HomeNewsIn-Depth EV makers pass soaring battery costs to consumers even as subsidy cuts bite More and more automotive producers are increasing the prices for their electric vehicles (EVs) as a response to high lithium and cobalt prices, as well as reduced subsidies for consumers in 2022. Battery raw materials costs a key headache Key market participants have pointed out rising prices for battery raw materials’ prices as a key concern for automotive producers, especially with the... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Paul Lim Carrie Shi Siyi Liu Zihao Li January 24, 2022 09:03 GMT Shanghai, Beijing, Singapore Keywords China lithium cobalt electric vehicles Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}