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<div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/A.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Electric Vehicle Sales Increase Even with High Battery Prices' data-article-id='6082'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='8438'>This year, people around the world are lining up to buy electric vehicles even as prices increase.</span> <span data-start-time='8438' data-end-time='29396'>Electric vehicle, EV, demand has stayed strong even as the average cost of lithium-ion battery cells increased to an estimated $160 per kilowatt-hour in the first quarter from $105 last year. </span> <span data-start-time='29396' data-end-time='38354'>Costs rose due to supply issues, sanctions on Russian metals and investor speculation.</span> <span data-start-time='38354' data-end-time='55042'>For a smaller vehicle like the Hongguang Mini, the best-selling EV in China, the higher battery costs added almost $1,500, equal to 30 percent of the listed price.</span> <span data-start-time='55042' data-end-time='70417'>But gasoline and diesel fuel costs have also increased since Russia invaded Ukraine, and experts noted that environmental concerns also are pushing more buyers to choose EVs.</span> <span data-start-time='70417' data-end-time='86021'>Manufacturers from Tesla to SAIC-GM-Wuling, which makes the Hongguang Mini, have passed higher costs on to consumers with price increases for EVs.</span> <span data-start-time='86021' data-end-time='88375'>More may be coming. </span> <span data-start-time='88375' data-end-time='98979'>Andy Palmer, chairman of Slovak EV battery maker InoBat, said "rising costs will have to be passed onto carmakers."</span> <span data-start-time='98979' data-end-time='103021'>But EV shoppers have so far not slowed down. </span> <span data-start-time='103021' data-end-time='113500'>Worldwide EV sales in the first quarter jumped nearly 120 percent, said the website EV-volumes.com.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/5519/A.jpeg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=18548 data-hint-location='29396' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/which_of_the_following_is_a_definition_of_the_word_specualtion.wav'>Which of the following is a definition of the word specualtion?</div><div class='choices' data-correct-choice='investment in stocks, property, or other ventures in the hope of gain but with the risk of loss'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/investment_in_stocks_property_or_other_ventures_in_the_hope_of_gain_but_with_the_risk_of_loss.wav'><span>investment in stocks, property, or other ventures in the hope of gain but with the risk of loss</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/relating_to_sight_especially_in_relation_to_the_physical_action_of_light.wav'><span>relating to sight, especially in relation to the physical action of light</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/the_process_of_concentrating_on_and_becoming_expert_in_a_particular_subject_or_skill.wav'><span>the process of concentrating on and becoming expert in a particular subject or skill</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/used_humorously_to_refer_to_people_who_share_a_characteristic_or_occupation.wav'><span>used humorously to refer to people who share a characteristic or occupation</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=18549 data-hint-location='8438' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/what_is_ev_short_for.wav'>What is EV short for?</div><div class='choices' data-correct-choice='electric vehicle'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/electric_vehicle.wav'><span>electric vehicle</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/energy_value.wav'><span>energy value</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/eclectic_vegan.wav'><span>eclectic vegan</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/elbow_vine.wav'><span>elbow vine</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=18550 data-hint-location='55042' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/but_gasoline_and_diesel__blank__costs_have_also_increased_since_russia_invaded_ukraine_and_experts_noted_that_environmental_concerns_also_are_pushing_more_buyers_to_choose_evs.wav'>But gasoline and diesel <span class='blank'>fuel</span> costs have also increased since Russia invaded Ukraine, and experts noted that environmental concerns also are pushing more buyers to choose EVs.</div><div class='choices' data-correct-choice='fuel'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/fuel.wav'><span>fuel</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/fool.wav'><span>fool</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/food.wav'><span>food</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5519/feud.wav'><span>feud</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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