Yet the EV prices keep increasing

Edit: Agreed @cloverich, it's possible I did miss the point. At the same time, automotive price increases seem disproportionately higher compared to other fungible goods. It's possible the supply chain and labor issues have hit this sector harder than e.g. farming. It'd be interesting to quantify what the differential would be without the capacity from new factories.

They would be increasing faster without the increased production, I think you might have mis interpreted their point.