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Sumitomo Metal Mining looks to boost battery materials output, possibly in US Sumitomo Metal Mining is considering producing cathode battery materials in the United States. The company supplies the nickel-cobalt-aluminium (NCA) cathode materials for the Panasonic lithium-ion batteries used in Tesla EVs. It is building a plant in Niihama, western Japan, to boost annual cathode production capacity by 24,000 metric tons.
Sumitomo Metal Mining looks to boost battery materials... Sumitomo Metal Mining looks to boost battery materials output, possibly in US. It supplies the nickel-cobalt-aluminium (NCA) cathode materials for the Panasonic lithium-ion batteries used in Tesla EVs. The company is also accelerating exploration of a new nickel mine, another executive said.
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Sale on Flipkart: Offering up to 52% off on top AC brands this festive month | Mint Save big this festive season on top AC brands during Flipkart sale. These ACs redefine cooling, combining comfort with eco-conscious features. Daikin, Blue Star, Godrej, Panasonic, MarQ and others offer a variety of models to suit different budgets.
Servify Expands its Portfolio by Adding New Product Categories in India Leading Consumer Brands such as Eureka Forbes, Panasonic, Harman, TCL onboarded Servify Mumbai, Maharashtra, India.
Servify Expands its Portfolio by Adding New Product Categories in India Eureka Forbes’ Annual Maintenance Contract (AMC) will provide coverage for Water Purifiers of the brand. Panasonic Extended warranty will cover Refrigerators, Washing Machines, Air Conditioners, and Microwaves sold by Panasonic. Harman Secure is designed to cover Bluetooth Speakers, Soundbars, and Headphones manufactured or sold by Harman in India. TCL Care covers a broad range of TCL Smart TVs.
Japan's bank shares gain on BOJ bets, chip stocks track... The Topix banking index climbed 2.25% as of 10:28 local time (0128 GMT) The benchmark 10-year Japanese government bond yield jumped to a fresh decade high at 0.955%. Panasonic was the biggest percentage decliner on the Nikkei by far, tumbling more than 9%.
Tesla stock closes below $200, hits 5-month low as a tough October rolls on Tesla (TSLA) stock dropped 4.8% on Monday, dropping below $200 and hitting lows not seen since late May. Panasonic cut automotive battery production in Japan in its September quarter and guided its annual profit forecast down by 15%. chipmaker ON Semiconductor reported weaker-than-expected profit and revenue guidance.
Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report Shares in electric vehicle maker Tesla declined nearly 5% on Monday. Panasonic, a longtime partner and supplier to the EV maker, had reduced battery cell production in Japan. The updates stoked investor concerns about softening demand for EVs.
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'I tried skin-tightening device and it saved me thousands of pounds on facials' The Panasonic EH-XR10 Advanced RF Facial Device was launched in 2019. It uses radio frequency and ultrasonic technologies to generate heat to the skin. This stimulates the production of collagen, hence tightening skin and reducing wrinkles.
Blue Yonder CEO Duncan Angove Leads An Organizational Transformation Blue Yonder is a leading end-to-end digital fulfillment platform provider. It was acquired by Panasonic over $7 billion in 2021. Major customers include 3M, 7-Eleven, Ace Hardware, and Starbucks.
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Sumitomo Metal sees global nickel supply surplus widening in 2024 The surplus will widen to 36,000 metric tons from 24,000 tons this year. Indonesia's NPI production will increase by 10.3 per cent to 1.27 million tons. Sumitomo Metal supplies cathode materials for Panasonic lithium-ion batteries used in Tesla EVs.
'Not-ESG Friendly': New Panasonic EV Battery Plant In Kansas To Be Powered By Coal Panasonic's new battery plant in Kansas will require an amount of energy equivalent to that used by a small city, forcing a nearby utility to halt the shutdown of a coal-fired power plant. This has sparked criticism that electric vehicle production and electric vehicles aren't 'ESG-friendly'
New Electric Vehicle Battery Factory in Kansas is Demanding So Much Energy that State Needs to Keep Coal Plant Open Just to Power It | The Gateway Pundit | by Cristina Laila A $4 billion Panasonic electric vehicle battery factory in De Soto, Kansas, will help satisfy the Biden administration’s efforts to get everyone into an EV. It also will help extend the life of a coal-fired power plant. Panasonic broke ground on the facility last year. The Japanese company was slated to receive $6.8 billion from the Inflation Reduction Act.
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