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…