With global EV sales approaching 14 million cars in 2023 with a year-on-year growth rate of 35% it is clear that EVs are gaining acceptance rapidly.
Solar farms are blooming in fields across the globe and producing a new crop: solar energy. Photovoltaic (PV) systems made up of solar panels, are fast becoming the most recognisable of renewable energy technologies.
In 2021, China recorded the strongest growth in the EV market with around 3.2 million EVs sold. This was an increase of 2 million EV units compared to 2020 which was more than the combined increase of all other regions taken together.
Ever-tightening sulphur oxide (SOx) emission regulations are increasing the use of marine scrubbers globally. Scrubbers operate in a highly corrosive environment and require the resilience of nickel-containing alloys to prevent failure.
Most nickel production is destined for stainless steel. But a significant 8% is used in the production of alloy steels which are needed to deliver specific characteristics for specialised and often critical applications.