Suzuki Posts 46% Drop In First-Quarter Profit On Slowing India Demand
Suzuki Motor Corp on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market. Japan’s fourth-largest automaker posted an operating profit…
73% Of xEV Battery Nickel Deployment Falls On China, U.S. & Japan
Currently, the long-range BEVs use lithium-ion cells mostly with nickel-based cathodes. Nickel has become the major substance of modern xEV (BEV/PHEV/HEV) batteries and according to Adamas Intelligence, its usage increased in May by 57% year-over-year. The further analysis reveals that 73% of battery…
