High Gasoline Costs Help F, TSLA, RIVN Boost Price of Electric Cars – Bloomberg

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With gasoline prices in America topping $5 a gallon for the first time, the one vehicle that can alleviate pain at the pump — an electric car — is experiencing its own bout of runaway inflation.
Automakers pressed by consumer demand and rising material costs are charging more for electric vehicles across the board. Market leader Tesla Inc. is boosting sticker prices by as much as $6,000 a car, its third increase this year, Electrek reported. Ford Motor Co. has raised the price of its Mustang Mach-E, following a similar move by electric-truck startup Rivian Automotive Inc.  

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