Gores Guggenheim Stock News and Forecast: GGPI and other EV makers not immune to price hikes

. Morgan Stanley recently estimated the price of nickel would add $2,000 to the price of electric vehicles. Tesla has announced multiple price hikes this year, and Rivian has to row back on price hikes when furious customers responded in kind. Ther is n plain sailing for the EV space despite the surging gas prices at the pumps.

GGPI stock has some notable advantages over other start-up EV manufacturers. Chief among them is that it will piggyback on Volvo's existing manufacturing capabilities. Polestar will use Volvo's existing manufacturing plant in South Carolina to build the Polestar 3 for the US market. This is a huge issue. Building manufacturing capacity is massively time-consuming and capital intensive. It is the biggest issue facing start-up EV makers and so is a massive barrier to entry.

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BMW i7 teased ahead of April reveal – EV to be most powerful 7-series yet | EvoBMW has released new teaser images of the all-electric i7 luxury saloon ahead of its launch next month - Grill visible from Jupiter. Will likely be a sticker just like the iX. Lol. No idea why electric cars are drawn like this, surely there's some scope for having a lower drag coefficient without and engine? Have they put braces on its teeth?
Source: evomagazine - 🏆 278. / 63 Read more »