Popular Posts
Lithium battery plant reeport
Some dramatically different approaches to EV batteries could see progress in 2023, though they will likely take longer to make a commercial impact. One advance to keep an eye on this year is in so-called solid-state batteries. Lithium-ion batteries and related chemistries use a liquid electrolyte that shuttles charge around; solid-state batteries replace this liquid with ceramics or other solid materials. At the same time, concerns about supplies of key battery materials like cobalt and lithium are pushing a search for alternatives to the standard lithium-ion chemistry. In the midst of the soaring demand for EVs and renewable power and an explosion in battery development, one thing is certain: batteries will play a key role in the transition to renewable energy. Here’s what to expect in 2023. The global battery value chain, like others within industrial manufacturing, faces significant environmental, social, and governance (ESG) challenges Environmental: The ex...
Global tourism industry in 2022 and beyond
The pandemic decimated the global travel industry virtually overnight. Travel restrictions due to the virus outbreak resulted in a staggering 98% drop in international tourist arrivals in May 2020 compared to the same month the previous year. And things only slightly improved since then— the first quarter of 2021 saw a drop of 83% . The World Tourism Organization disclosed on Tuesday that international travel went down by seventy per cent in the first eight months of 2020 because of the pandemic, but it has predicted that this number will bounce back. However, this won’t happen until the second last quarter of 2021 because of the many travel restrictions related to the pandemic. The real movement will only begin in the year 2022. Towards the end of 2020, as the number of cases started reducing, people who were stuck at home for more than nine months started going out. “But now, what mattered more was the hygiene and the crowd at hotels rather than the complimen...