industry

While half the world is worried about aging, one industry is rubbing its hands: the elevator industry

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The world ages. And at a good pace too. If the World Health Organization (WHO) hits the nail on the headin 2050 the percentage of people over 60 years of age will double that of 2015. From representing 12% it will become close to 22%. Beyond the percentages, this aging translates into challenges in economic, health and social matters. Also in juicy business opportunities, like the one that he thinks he has before him the elevator industry. In their case, an older world will be a world with more work. What has happened? That TK Elevator has shaken the elevator sector by openly recognizing that the gradual aging of the planet (very visible already in Europe or countries like Japan either Korea) represents a lucrative business opportunity. The reason is simple: the more elderly, the greater the need for elevators in buildings. Especially since these and their services are also aging. “A growing trend”. If TK’s words have generated so much expectation, it is because it is not just any company. The firm, based in Düsseldorf, is a heavy weight within the sector, where it is responsible for both manufacturing machinery and maintaining it. Their models can be found in emblematic skyscrapers in New York, although the bulk of their business comes from much more modest buildings occupied by homes, offices or shops. His prediction about the future of the sector in an increasingly aging world has not been made anywhere either. has shared it with one of the most influential newspapers in the US, Financial Times. “As the population ages there is a need to install elevators. We see this becoming a growing trend,” recognize the firm’s executive director, Uday Yadavl. The example of Japan. During his interview, Yadaval cited a specific case: Japan, perhaps one of the countries that is most clearly suffering from the winds of demographic winter. Although all your attempts to reactivate its population engine (and there have been many), the birth rate continues at levels historically low while on the streets it is increasingly easier to find elderly people. According to Our World in Datathe country has the highest “old-age dependency ratio” (the ratio between people over 64 and people of working age) in the world: in 2021 it exceeded 50%, which means that there are only two people of working age for every elderly person. And since then demographic indicators have not exactly improved. It is estimated that about 30% of the country’s population is 65 or older, which is equivalent to tens of millions of people. A widespread phenomenon. Japan is not the only nation facing an aging population, a problem with which Europe fights and other countries, such as South Korea either China. In general the WHO has warned that the trend seems to be accelerating globally and remember that in 2020 the number of people aged 60 or over exceeded that of children under five. “In 2030, one in six people in the world will be 60 years old or older,” insists the WHO, recalling that by then the world population over 60 years old will total 1.4 billion people, well above the 1,000 in 2020. Demographics (and more). It’s not just that more and more older people live in cities and need elevators to get to their homes, it’s that the buildings themselves need renovations. At the end of the day, we age… and the blocks in which we reside. Yadav estimates There are about 22 million elevators worldwide, of which a third (30%) are more than two decades old. In practice, this translates into an immense number of facilities that probably need improvements and tune-ups, a demand that, assures the manager from TK Elevator, is already “growing in a meaningful way.” “More than remarkable”. Although his weight in the sector gives him special relevance, Yadav is not the first to have publicly recognized the good forecasts that the elevator industry has. Last summer Roland Berger published a report in which he provided several insights into the global elevator market, valued according to his calculations at 107 billion dollars. After “several ups and downs” in recent years, marked by COVID-19 or the real estate crisis in China, companies now face a “more than notable growth panorama.” A trend that connects the sector with the flourishing silver economythe economy driven precisely by aging. Images | Zhuojun Yu (Unsplash) In Xataka | In Japan there is no doubt that they live worse than 30 years ago. Houses are literally getting smaller.

A Japanese toilet company has been manufacturing key parts in the chip industry for years. And now it is going to be key in AI

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Toto, world famous for their toilets with a trickle that we usually miss so much when we return from Japan, has been quietly manufacturing key components for the semiconductor industry for decades. Just like account Financial Times, an activist fund has focused on that part of its business, and the market is starting to pay attention. What has happened. Palliser Capital, a UK-based activist fund, has sent a letter to Toto’s board of directors arguing that the advanced ceramics the company works on are being ignored and underestimated by the market. The fund, which owns a stake among the 20 largest in the company, according to share from FT, calls Toto “the most underrated and overlooked AI memory beneficiary.” What is important. Toto is not just a bathroom company. Since 1988 it has been manufacturing the so-called ‘electrostatic chucks’ in series.‘ (electrostatic jaws), high-precision ceramic components used in the manufacture of NAND memory chips to hold silicon wafers during the production process, controlling temperature and avoiding contamination. This business, which they fit within their “advanced ceramics” division, already represents around 42% of the company’s total operating profit, according to data from Bloomberg. The connection with AI. He data center boom for artificial intelligence has skyrocketed the demand for memory chips. Companies like Meta, Amazon or large memory manufacturers (SK Hynix, Samsung, Kioxia) are accelerating their production to face a widespread shortage. That translates into more demand for the components that Toto manufactures. The company’s ceramic technology is also specially adapted for cryogenic etching, a process that is expected to gain popularity as memory chips become more complex and layered. Business tips. According to share The fund also criticizes that Toto is not explaining well to investors the importance of this segment and that the allocation of internal capital is not prioritizing this lucrative sector. The fund proposes that the company expand its ceramics business, sell cross-stakes in other companies and make better use of its 76 billion yen in cash (about $496 million). If Toto did all that, Palliser estimates the stock could rise more than 55%. The market had already started to move. Toto shares have accumulated a revaluation of more than 60% in the last year. Just like share Bloomberg, at the end of January, after the support of Goldman Sachs, which raised the value to buy pointing to the memory shortage as a tailwind, the stock rose 11% in a single day, its biggest rise in five years. Be careful with the warnings. The idea that Toto would have that competitive advantage before other competitors can be at that level comes from Palliser himself, who has an obvious interest in making that narrative credible. Tom’s Hardware points out that while electrostatic jaws play a real role in advanced manufacturing processes, whether that translates into sustained growth still depends in part on large memory manufacturers committing to expanding production and, for now, they are being cautious faced with the risk of oversupply if the AI ​​market cools. The phenomenon is not exclusive to Toto. Japan has a long history in chip production, which has led companies with very different profiles to develop businesses related to semiconductors almost without anyone noticing. Just like share Bloomberg, Ajinomoto, known for its broths and its mastery of umami, makes insulating films for chips based on its expertise with amino acids. Kao, a cosmetics company, has a silicon wafer cleaning business. The AI ​​business is revaluing companies that, a priori, had nothing to do with it. And Toto is the latest example of this. Cover image | Taylor Vick and Upgraded Points In Xataka | What future awaits artists with the rise of AI? In Ireland they see it so black that they are already preparing a basic income

The US chip industry is being forged in Silicon Valley. Curiously, the hammer is held by South Korea

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The United States has embarked on a journey of technological sovereignty. It has some of the largest and most cutting-edge technology companiesbut they depend on foreign companies. That’s why, Appield Materials has put 5 billion dollars on the table seeking US technological hegemony. And, in this ambitious project, it is not an American who has slipped in as founding partner of the EPIC Center. It’s Samsung. EPIC. It’s a “modest” name for a $5 billion facility that will be in the heart of Silicon Valley. The name comes from Equipment and Process Innovation and Commercialization and is the spearhead of American investment in research and development of advanced semiconductor equipment. Its objective is to accelerate the development of equipment and processes to create advanced memory chips, shortening traditional cycles when developing cutting-edge chips. The installation is imposingwith more than 16,700 m² of clean room and is expected to come into operation this spring. Samsung. And, in that ambitious objective, is the South Korean company. The alliance is to address one of the semiconductor industry’s most important challenges: the long time required to bring new chip technologies to market. from research to production. The EPIC Center is not a competition for the European ASMLbut something complementary to shorten those processes that can take between 10 and 15 years. And Samsung will be there as one of the founding partners. Samsung Electronics CEO Young Hyun Jun commented that the collaboration will allow “advance in cutting-edge semiconductor equipment technologies.” The EPIC Center Expansion. Samsung is one of the most important foundries in the world and, in the era of artificial intelligence, it is consolidating itself as a pillar by being the first that will supply NVIDIA of the new HBM4 memories. Its presence at the EPIC Center seems like a key strategic move, but it is not the only advance that the company has recently made on American soil. In that pursuit of creating high-bandwidth memory and advanced systems, Samsung has a facility in TaylorTexas, to advance the production of 2 nanometer chips. Foreign industrial fabric. One of Donald Trump’s goals was to recover the American industrial fabric with American companies and American labor. That’s why he ‘rescued’ Intel a few months ago with the aim that the company was his great foundry. And it is having its fruits: Intel has risen from the ashes with new advanced processors and is positioning itself to supply both NVIDIA and Apple. However, what is also arriving is foreign muscle like Samsung and something more serious: TSMC. The Taiwanese giant is the company on which the entire semiconductor and device industry pivots, and it is increasingly becoming making more land in the United States to manufacture in the country and continue with a diversification project which includes Europe. That is to say, the United States is reindustrializing and is taking steps to have an authoritative voice in the semiconductor manufacturing industry, but much of that muscle belongs to the same old foreign companies… that will simply now also produce in the United States. HBM4. Meanwhile, Samsung continues to do its thing. Not only are they at full production HBM4 memoriesbut also investigating the possible replacement for that technology: DRAM memories in which Intel and SoftBank are also taking steps. And in addition to their own Exynos for their mobiles, there are sources who claim that ByteDance, TikTok’s parent company, is developing its own chip for artificial intelligence and is in talks with Samsung for it to be manufactured. Images | Applied Materials (edited) In Xataka | China’s future in the chip industry is in the hands of a single, almost unknown company: SiCarrier

the US plan to revive its industry

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On the complex board of global technology, power is not only measured in lines of code, but in the ability to master chemical elements that, until recently, went unnoticed. That’s where gallium comes in, a silvery, malleable metal that, as explained in the Wall Street Journalhas the almost magical property of liquefying with the simple heat of the palm of the hand. However, behind this physical curiosity lies the nervous system of modern defense: unlike silicon, gallium withstands extreme voltages and resists heat without blinking, which makes it the irreplaceable material for military radars, satellites and missile guidance systems. For decades, the world depended on a single supplier. Today, in a twist worthy of the Cold War, the United States and its allies have decided that the era of complacency is over. The plan is as ambitious as it is unusual: extracting the technological treasure from industrial waste, from the so-called “red mud.” The market as a weapon of war. The current crisis is not a supply chain accident, but a state strategy. According to the Center for Strategic and International Studies (CSIS), China applied a textbook tactic for years: flooding the market with artificially low prices to suffocate any mining attempts in the West. Once he achieved the monopoly—controlling 99% of refined gallium by 2025—Peking began to turn off the tap. In the report of Wall Street Journal remember that in 2023 China imposed export controls and, soon after, a complete ban on shipments to the United States. Although the ban was temporarily lifted, the damage had already been done: the price of gallium outside China tripled, reaching an all-time high of $1,572 per kilo last January, as reported by AlCircle. For the Pentagon, which in its official documents has recovered the historical term “War Department”, this is no longer a commercial issue, but of national survival. The gallium triangle. To break this siege, Washington has stopped looking at conventional mines to focus on the refinery chimneys. The strategy is deployed in an industrial triangle that starts in Australia. There, at the Wagerup refinery, the giant Alcoa has teamed up with Japan and the US to filter gallium directly from bauxite processing. The objective, detailed by Wall Street Journalis to capture 10% of global demand without opening a single new mine. The effort crosses the Pacific to the banks of the Mississippi, in Louisiana. The Gramercy plant has received a $150 million injection from the Pentagon to process its mountains of “red mud,” a waste product from aluminum production that is now worth its weight in gold. He Financial Times underlines the ambition of the project: This single plant aims to cover the entire US gallium demand. The triangle closes in Tennessee, where the South Korean Korea Zinc leads a multimillion-dollar investment to rescue the strategic metal from zinc refining waste. A market armored against Beijing? Despite the rain of millions, the path is full of economic traps. Professor Ian Lange, from the Colorado School of Mines, warns in the Wall Street Journal that the gallium market is “dangerously small.” If the West ramps up production too quickly, prices could collapse, making new plants unprofitable before they even start. To avoid this scenario, the White House has deployed a financial safety net. It is about the Project Vault, a strategic reserve of 12 billion dollarsdesigned to guarantee the purchase of these minerals and protect giants like General Motors or Google from volatility. This measure is aligned with the proposal of the CSIS to create an “anchor market”a mechanism where G7 allies establish mandatory purchasing quotas, shielding Western production from Chinese dumping. The future is written atom by atom. It is no longer enough to design the best software; Now it is imperative to possess the stuff that makes it work. Between the “red mud” of Louisiana and the refineries of Australia, the West is trying to demonstrate that it can regain its technological sovereignty. As long as Beijing maintains its ability to sink prices at will, these projects will depend on vital support from the State. The great battle for gallium is, ultimately, a fight of resistance to see who sustains the supply of the chips that will move the world of tomorrow. Image | AndrewDaGamer and freepik Xataka | The gold of discord: why 14 municipalities of Guadalajara have rebelled against Europe’s “mineral sovereignty” plan

Silver is completely out of control, so the solar panel industry has decided something: go independent

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Solar energy, promised as the cheapest and most abundant source of electricity in history, has hit a geological and financial roadblock of critical proportions. The photovoltaic industry is suffering what the Financial Times has baptized like a Silver Squeeze (silver strangulation), a suffocating pressure derived from the dizzying rise in the price of this metal. Manufacturers, who have been fighting for years against slim margins, are now “feeling the heat” of a raw material that has become unaffordable, forcing them into a frenetic technological race to eliminate it from their products. This is not a simple market rally. What we are witnessing is a “perfect storm” where real physical scarcity threatens to slow down the energy transition. According to Bloombergthe rise in silver has hit some solar panel manufacturers that were already burdened by losses after years of brutal competition. After five consecutive years of deficit, silver is no longer just a safe haven asset to become the bottleneck of the green economy. The figures are dizzying. According to the Financial Timesthe price of silver has risen 300% in the last year, breaking the psychological barrier of $100 and currently standing at $112 per ounce. This increase is fueled by three fires: geopolitical fear of possible US military intervention, the voracity of the industry and the massive entry of retail investors, for whom silver is “the poor man’s gold.” This speculative appetite has skyrocketed prices by 60% since the beginning of 2026 alone. The magnitude of the increase in prices is such that from investment portals such as Investing News have reported record prices of $93.77 in mid-January, but market reality has exceeded forecasts in just weeks. But there are geopolitical actors pulling the strings behind this scenario. China, the largest global refiner, has imposed strict controls to export by 2026-2027, shielding its strategic resources for its own renewable energy and Artificial Intelligence industry. Added to this is that India and Russia are aggressively buying physical silver, draining inventories in London and Asia and causing real shortages in Western markets. Financial drain and existential threat The impact on the cost structure of a solar panel has been devastating. According to data from BloombergNEFsilver has gone from representing 3.4% of the cost of a module in 2023, to 14% last year, to an unsustainable 29% today. Silver has dethroned polysilicon and become the most expensive component in manufacturing. For the giants of the sector, this is raining in the wet. Titans like JinkoSolar, Longi and Trina Solar They are posting quarterly losses consecutive in the midst of a “vicious price war.” Factories operate at just 50% of their capacity and, in many cases, sell modules below production cost. Jenny Chase analyst cited by Financial Timessummarizes the situation without hot towels: “It is very painful for solar module manufacturers, who are already having a terrible time and are expected to report losses by 2025.” The problem is that companies have their hands tied in passing on these costs. As explained in PV Magazinedue to excess capacity and weak demand, it is “almost impossible” to pass on the entire increase in the price of silver to the end customer. Although Chinese manufacturers have recently tried to raise prices between 1.4% and 3.8%, these increases are minuscule compared to the 180% or 300% increase in raw material prices. The long-term consequence is what experts call “demand destruction.” If prices remain at these levels, silver use in the PV industry could fall by 20% this year, not only due to efficiency, but because the industry simply cannot afford it. The great substitution Faced with financial asphyxiation, the industry has accelerated what they call “thrifting”, a race against time to replace silver with cheaper metals. The favorite candidate is copper. According to Investing Newscopper is trading 22,000% cheaper than silver and is much more abundant, making it the great hope for saving profit margins. Faced with suffocation, the industry has accelerated the thrifting (material savings) to replace silver with copper, which is 22,000% cheaper. The large Chinese manufacturers already they have made a move. Longi Green Energy will begin mass production of cells using base metals (such as copper and aluminum) in the second quarter of this year. Trina Solar is developing copper contacts to reduce its dependence, and Aiko Solar has already begun producing completely silver-free cells. The Chinese industry, which is more intensive in the use of silver than the European one, lead this forced transition. However, the change is not easy. As they warn in PV Magazine warns that not all solar technologies are equally suited: while heterojunction (HJT) and back contact (BC) cells facilitate the use of copper, the current dominant technology (TOPCon) requires high temperature processes that make copper vulnerable to oxidation. Here lies the greatest risk of this flight forward. Copper oxidizes and degrades faster than silver. Bloomberg alert about danger of launching copper panels on the market without sufficient longevity tests. Customers demand 20-year warranties; If new panels fail within 10 years due to copper corrosion, manufacturers could face massive liabilities that would put them out of business. As one precious metals expert points out: “Going too far too fast can be risky.” A future of scarcity and recycling The pressure on silver doesn’t just come from the sun. At this point we introduce in the equation Artificial Intelligence. The data centers necessary for AI consume enormous amounts of energy, which triggers demand for solar installations and, therefore, money. It is a vicious circle where technology devours physical resources. Furthermore, the electric vehicle (EV) enters like another big predator: An electric car consumes up to 50 grams of silver, almost twice as much as a combustion car. It is estimated that demand from the automotive sector could triple by 2030. In this context of shortages, some companies are taking desperate measures. He Financial Times reveals that Samsung Construction and Trading has skipped the middlemen and signed a two-year direct agreement with a mining company to secure its supply. … Read more

Tesla has revolutionized the industry with a 9,000-ton Giga Press. China has responded with the world’s largest

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Tesla has revolutionized car production. He has done it with the help of his Giga Press, a huge assembler capable of producing huge parts of the chassis to save time and money. In their race to lower costs, numerous brands have ordered their own. And a Chinese manufacturer has the largest in the world. What is a Giga Press? A Giga Press It is a machine capable of producing huge parts of a car chassis in a single process. Until now, those huge pieces have been (and continue to be for most manufacturers) assembled separately, slowly taking shape like a 10,000-piece puzzle. What is achieved with a Giga Press is to reduce the number of those pieces that have to be assembled. That is to say, simplify the puzzle. This is achieved with a huge press into which the material is injected to produce the part and the mold is pressed with great force to obtain the desired final part. Why is it so important? With the Giga Press, Tesla has managed to save time and money in the production of their vehicles. By simplifying the process, you can produce much more in less time and, therefore, amortize the investment more quickly. In fact, one’s own Tesla trusts in new evolutions to be able to reduce hypotheticals but also there are not a few companies that have ordered theirs with a view to achieving these same results. The largest in the world, of course, is in China. 16,000 tons. This is the figure that the Giga Press that Dongfeng has in its facilities in Wuhan (China) manages to apply, as reported in Car News China. This company has been working since last January with a new machine capable of casting parts with a pressure never before seen in the industry. The machine, they explain in the middle, has been designed, developed and produced entirely in China by LK Machinery which also provides these machines to other companies like XPeng. To give us an idea, Tesla’s Giga Press are capable of assembling parts with 9,000 tons of pressure. In this case, Dongfeng will dedicate the pressing to parts of battery casings of their electric cars. They assure that the machine will improve the rigidity of the assembly and the protection of the energy accumulator. Each piece moves forward every 135 seconds. And it’s not the only one. In parallel, Dongfeng will also have another press, this one capable of applying 10,000 tons of pressure. In this case it has a moving part and a stationary mold. The latter is filled with molten steel at a temperature of 720ºC and the moving part is placed on it. From there, pressure is applied until the new piece is shaped. The objective between both presses is to produce up to 600,000 pieces annually to incorporate into your cars. For now, in the first phase, up to 200,000 pieces will be counted and the objective is to gradually scale production until reaching the desired cruising speed. Both machines are the result of a clear commitment to this type of machines in China in recent years. Already in 2021, InsideEVs It stated that local manufacturers were looking for their own and, above all, that Tesla had managed to locate the supply of its suppliers in China so the materials used in the Shanghai machine did not have to be imported from third countries. It has its problems. Although the mass pressing of parts has revolutionized the industry and many manufacturers have sought their own machines, the truth is that this type of production It also has its negative side. And millions of copies are needed to amortize the set and get economic return on a very important investment. This also requires maintaining a design for a long time because any variation in the part forces the production line to stop for too long until the desired original mold is found. That “slave” design of the brand itself is one of the problems that Tesla has encountered, which is that it cannot launch cars on the market with new variations beyond small aesthetic touches. Photo | LK Machinery In Xataka | Tesla was supposed to be a company that sold cars. And the problem is that it is stopping selling them at full speed

Tesla aspired to bring the automobile industry to its knees. Now the auto industry is giving it back

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Tesla has been held accountable to investors. His 2025 numbers have been bad. Pretty bad, in fact. So much so that it has confirmed the almost immediate cessation of the Tesla Model S and Model X, the cars that helped popularize the brand but whose sales are already minimal. It will make robots instead. It is confirmation of a much deeper problem. Bye. Elon Musk confirmed it a few days ago. Tesla will stop manufacturing its most expensive vehicles. The Freemont factory, where the company produces the Tesla Model S and Model will start producing humanoid robots Optimus. Without just a very sentimental message, as usually happens in the motor industrythe CEO of Tesla has practically treated these models as mere employees. The farewell is similar to that given to the classic worker who ends up at the exit door with a cardboard box in his hands to carry a photo of his children, three pens and the stapler that the company refused to buy. I can almost see the sleeve of the sweater sticking out and the shirt half removed from the pants. Deeper. Stopping production of its most expensive electric cars, no matter how few they sold, points to Tesla having a deeper problem: it wanted to reconvert the automobile industry. And, over the years, the automobile industry seems to be beating the company. To understand what we are talking about, we must take into account different variables: how Tesla carved out a niche for itself in the market, how it revolutionized automobile production and how that same revolution has put a back on the backpack that is becoming more complicated to handle every day. And, of course, how it is facing the same problems as every other automaker. His emergence. Building a car brand from scratch is complicated. Almost impossible, as many Chinese companies are experiencing firsthand. Tesla was born in 2003 and It wasn’t until 2020 when it was profitable each and every quarter of the same year. It was thanks to the sale of emissions credits and bitcoins. It wouldn’t be until later when it became profitable on its own selling electric cars. In those 17 years, the company was sustained with the help of investors, partnerships with companies like Toyota and aid from the United States Government. And if they managed to keep losing money for almost two decades, it was because they promised a differential technology, something that only they could deliver at that time. A groundbreaking vehicle for what was on the market. Aspirational. Tesla became an aspirational company. He Tesla Roadster (the only one that has existed so far) walked all over Hollywood and later the Tesla Model S and Model X they became neck-turning vehicles of worship. I still remember the first time I saw a Tesla store in Amsterdam and how that huge vertical screen in the sedan It attracted the attention of all of us who were there sightseeing. Both cars were confirmation that a company could put an electric car on the street with an autonomy that allowed travel, with a striking aesthetic at that time and unbridled power compared to combustion cars. It was a desirable brand, a status symbol. Millions of copies. The Tesla Model 3 and Model Y They were the next step. The key to making Tesla a profitable company on its own was to sell millions of copies. To put an “affordable” electric car on the road or, at least, much cheaper than the competition with equal benefits, Tesla showed off its Gigapress. This machine allows you to create huge body parts, much larger than competing machines. This allows Tesla to produce faster and at a lower cost. But it has a problem: it needs millions and millions of copies to make it profitable and take advantage of it. Each profound change in the part to be produced forces very long development times and excessively extended technical stops. Furthermore, it is not easy to create that first original piece. Disadvantages that have forced the design of Tesla cars to remain practically unchanged. Too seen. Being a slave to design is a problem in the automobile industry. Tesla thought it could sell the same car for years or decades, but time is telling it that customers like to see new things. When someone spends tens of thousands of euros on a car, they like it to look fresh and new. The purchase of a car is still marked by irrational and passionate concepts above all logic. A car, no matter how much it is sold like that, is not a mobile phone. It’s not a black turtleneck either. These are products that, with a perfected and standardized design, differ little from each other without being fashionable. But above all, they are products with a rapid renewal rate. The car, if all goes well, will be in our house for more than a decade, which is why we like to buy the latest things within our budget. Millions of copies of the Tesla Model 3, Model Y, Model S and Model with hardly any renovations they have diluted its novel image. Their cars have an aesthetic designed not to go out of style quickly but the customer needs to put new things in their mouths every so often. That is why generations in the automobile industry last between six and eight years, with a more or less profound renewal in the middle of the commercial life to boost sales again. And the competition tightens. Tesla thought he could turn the automobile into another consumer good. Elon Musk even promised sales of 20 million units per year. An outrage if we take into account that it is doubling the production of Toyota, the largest manufacturer in the world. This would be possible (and with many doubts) if its competitive advantage was so overwhelming that it left its cars in a position years ahead of the competition. But if we have seen anything since 2020, … Read more

the dark history of mercury in the fashion industry

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When we think of Alice in Wonderland one of the most recognized characters is ‘Mad Hatter’‘, an eccentric character with a top hat and a label that says 10/6. And although it may seem that the author of this story wanted to give that characterization to the famous rabbit, the truth is that all hats at that time had a serious problem which made them look too much like the classic rabbit. What’s behind. And the reality behind the character is much murkier and less colorful than in Disney or Tim Burton films. The expression “mad as a hatter” was not a literary invention in this case, but a quite popular medical diagnosis for the timesince for centuries the hat industry suffered a silent epidemic that led to serious neurological damage. and the culprit it was mercury. The ‘carroting’. To understand why hatters fell ill, we must look at how the felt was made between the 17th and 20th centuries that would give rise to hats. The raw material was usually rabbit, hare or beaver fur, and in order for these furs to become a high-quality, rigid and durable felt, they were subjected to a chemical process called “carroting”. This name came from the orange color of the carrots that the skins acquired when treated with a hot solution of mercury nitrate. But logically it was a death trap for the workshops of the time, just as collect NIOSH historical archives. Security issues. Although there are now strong regulations regarding safety at work, if we look back it was not like that. And the treatment was carried out in a poorly ventilated space, which caused mercury vapors to be released when the acid mixture was heated with the skins. By not being able to escape through any ventilation slits, the professionals who were constantly working with the skins ended up inhaling the mercury vapors. It was not a one-time accident, but rather a chronic exposure that accumulated in the body and directly attacked the central nervous system. A new reality. Although in the popular culture of the time the profession was directly related to being completely crazy, the truth is that current toxicological reviews indicate that chronic mercury poisoning produces a devastating and very specific clinical picture. And the hatters did not simply become ‘eccentric’, but also had Danbury tremorswhich are uncontrollable muscle spasms and intentional tremors that prevented fine movements. But there were also personality changes making pathological shyness, extreme irritability, depression and emotional lability the norm. The countries took note. Logically, this is something that had to be regulated to guarantee the safety of workers. France was one of the pioneers by prohibiting the use of mercury in the manufacture of hat boxes in 1898, but in Anglo-Saxon countries the industry was quite resistant to change. And the resentful. In the United States the process remained in force for decades. In this case, it took World War II for the tables to turn and it was not until 1941 when the use of mercury was definitively abandoned in key states such as Connecticut. But the reason was not the safety of its artisans, but rather that the war required a large amount of mercury to manufacture detonators, which forced the hat industry to look for substitutes such as hydrogen peroxide, as detailed in the industrial records of the time. Alice’s Hatter. It’s tempting to think that Lewis Carroll designed his character as a textbook case of erethism, but the evidence suggests otherwise. A classic analysis published in BMJ puts the dots on the i’s in this case, pointing out that Carrol knew the popular expression “mad as a hatter”, since he lived in a time where hatters with tremors were a visible social reality. However, the character of Alice in Wonderland It doesn’t quite fit the medical profile. The Hatter in the book is hyperactive, talkative, euphoric and a lover of riddles. Mercury erethism, on the other hand, is characterized by extreme shyness, social anxiety, and depression. It is likely that Carroll took the figure of the hatter and the idiom to create a caricature, but the identification of the character as “mercury poisoned” is a reading that we have made a posteriori. In Xataka | If you have ever thought that AI is useless, science has something for you: an antidote to cobras

Europe’s passenger car industry, in a revealing map that makes it clear who is the real “engine” of the EU

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Even though it is submerged in a deep crisis of competitivenessIt’s no secret that The automobile industry is one of the driving forces of the European Union. Thus, it is responsible for 8% of its GDP (figures collected by CCOO) and employs 13,000 million people, including direct and indirect jobs. Of course, the EU is large and the distribution of its factories presents enormous divergence. Although there are things that don’t change. The European Automobile Manufacturers Association has an interactive map which is quite good to see what the distribution is like quantitatively, insofar as it shows even the few electric battery plants on the old continent, but if you are more interested in the qualitative and only passenger cars, there is a clearer map: that of World Wide Mobility. And beyond a barrage of concentrated icons that are difficult to distinguishshows in general terms the main brands that are produced or assembled there, production volumes and the percentage they represent of the total. Which countries are the engine of Europe in the automobile industry The data on the map dates back to 2024 and shows a figure of 11.4 million passenger cars manufactured in the European Union, which are essentially concentrated in three states in a non-uniform manner: Germany, Spain and the Czech Republic. World Wide Mobility Germany, 12 points. The leading country in the old continent when it comes to motors is, of course, Germany: it is not only the largest producer by volume with more than four million passenger cars and a 35.7% share, but also the one with the densest network of high-tech factories. Own brands stand out such as Volkswagen and its five factories that include the headquarters in Wolfsburg, BMW with four factories, the three of Mercedes – Benz or the two of Audi, Porsche or Opel (Stellantis). But it also has plants from foreign companies, such as Tesla in Grünheide (Berlin) or the North American Ford in Cologne. Much lower but still outstanding silver is Spainwith a share of 16.4% and almost two million cars assembled in the state. With the high efficiency per flag (in the words of the Spanish Minister of IndustryJordi Hereu), has fewer of its own brands but in exchange it is the nerve center for foreign groups. Thus, in addition to Martorell’s own SEAT/Cupra, legendary highlights include the Volkswagen factory in Landaben in Navarra, Stellantis distributed in three plants, both of which are Renault, Ford in Almussafes, and the Mercedes-Benz manufacturing plant in Alava. And be careful because it does not take into account the reactivation of the old Nissan factory for Chery/Ebro EV, already operational. Third place belongs to the Czech Republic with 12.7% and almost 1.5 million passenger cars, which together with Slovakia (fourth with 8.7% and almost a million cars) form “the Detroit of Central Europe“. A bronze achieved thanks to the importance of Škoda and the growing impact of Hyundai and Toyota. In fact, Slovakia It has the highest car production per capita on the planet: over there Large SUVs in the most premium segment are manufactured of the Volkswagen group in its factory in Bratislava, but it also houses manufactures of Kia, Stellantis or Jaguar and Land Rover. Romania and Hungary below demonstrate a reality: the strength of the Central European axis in this industry. France deserves special mentiona country with historically mythical brands that have been relocating production, but which still houses five plants of the Stellantis group and four of Renault, as well as foreign brands such as Fiat. And if we go to luxury, Italy and Sweden appear on the map, with high-end brands such as Ferrari, Lamborghini, Koenigsegg or Volvo, although their figures are lower. In Xataka | There is a Europe that is suffocating to pay for housing and another that lives in peace. And this map shows the differences In Xataka | All the car plants in Europe (including the few battery-electric ones), on a map Cover | World Wide Mobility

Nuclear energy has generated electricity for decades. China is reinventing it for something else: the industry

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For decades, nuclear power plant cooling towers symbolized one thing: electricity. However, off the coast of Jiangsu province, China has just begun a maneuver that will change the usefulness of fission. It’s no longer just about turning on light bulbs; It is about feeding, with clean steam, the voracious thermal heart of heavy industry. The first concrete of a new era. According to China National Nuclear Corporation (CNNC)the first concrete was poured for the nuclear island of Unit 1 of the Xuwei project. This act is not just another procedure, it is the first nuclear project to break ground in the inaugural year of China’s 15th Five-Year Plan, symbolizing a strategic shift towards diversified energy applications. The project, developed by CNNC Suneng Nuclear Power, is strategically located near the Lianyungang petrochemical hub, an area that requires a staggering 13,000 tons of steam every hour to maintain its operations. The concept of the super boiler. Xuwei’s great innovation lies in its technical architecture. As explained by Global Timesthe project is the first in the world to couple two different generations of reactors to maximize thermal efficiency: The Hualong One (Generation III): Two units of this pressurized water reactor (PWR) provide the base heat to convert demineralized water to saturated steam. The High Temperature Gas Cooled Reactor (HTGR – Generation IV): This unit acts as a “super boiler”. The steam produced by the Hualong One is superheated a second time by the primary steam of the HTGR, reaching the necessary extreme temperatures. for complex chemical processes such as petroleum refining, distillation and cracking petrochemical. This “double coupling” system allows, according to NucNetthat the plant will be useful for applications ranging from refining to desalination and steel production, sectors that have traditionally depended exclusively on fossil fuels. Cleaner than coal. The urgency of this project responds to a critical climate need. The petrochemical industry is one of the most difficult sectors to decarbonize due to its constant heat demand. The figures provided by CNNC yvsupported by media such as World News Nuclear They are compelling: once the first phase is operational, the plant will supply 32.5 million tons of industrial steam per year. This will reduce standard coal consumption by 7.26 million tons and avoid the emission of 19.6 million tons of CO2 annually. Advances in cutting-edge technology. To manage the complexity of joining two very different types of reactors, Chinese engineers have turned to Artificial Intelligence and robotics. The design team used hierarchical digital simulations to create the system’s control logic, allowing heat and electricity to be balanced based on grid and industry demand. In the field of construction, progress is not minor. Li Quan, project manager, explained to Global Times that automatic metal active gas (MAG) welding systems with intelligent laser tracking are being used, a technology three times more efficient than manual welding. In addition, they emphasize that the localization rate of equipment (100% Chinese technology) exceeds 95%, promoting a national high-tech supply chain. Towards a global standard? Beyond its borders, China sees Xuwei as an export model. The CNNC has described the project as a “Chinese solution” for the low-carbon transformation of energy-intensive industries around the world. The goal is to demonstrate that heavy industrial development does not have to be tied to coal smokestacks. This move aligns with the 2025 white paper titled “China’s plans and solutions for carbon neutrality”which advocates for safe and orderly development of nuclear energy not only for the electrical gridbut for clean heating and desalination. The European contrast. While China is betting on nuclear energy to power heavy industry, in Europe the approach to waste heat is taking a digital path. Cities like Helsinki are finding an unexpected source of heat: data centers. As we have explained in Xatakacompanies like Telia or Microsoft are recovering up to 90% of the heat generated by their servers to inject it into district heating networks (district heating). A single data center in Finland can heat up to 20,000 homes. Although the scale is different – ​​China seeks heat to make steel and plastics, while Finland seeks shelter for its citizens – the philosophy is identical: in a world in climate crisis, wasting heat is a luxury that no one can afford anymore. Both models demonstrate that the energy transition depends on taking advantage of every calorie produced, whether it comes from a uranium core or an artificial intelligence processor. The end of thermal waste. The start of work in Xuwei marks a turning point. As the CNNC analysis concludesthe project is a “strong and clear beat” towards deep decarbonization. China is trying to show that nuclear power is the missing piece of the puzzle to reconcile mass industrial production with net-zero emissions goals. If Xuwei’s model is successful, the image of the nuclear power plant as an isolated island that only produces electricity will become history. The future of the atom seems to lie, rather, in its ability to become the invisible “heat engine” of modern civilization. Image | CNNC Xataka | In Finland they already know how to deal with excess heat from data centers: convert it into district heating

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