Dynamics
of bimolecular reactions in the gas phase are of foundational
importance in combustion, atmospheric chemistry, interstellar chemistry,
and plasma chemistry. These collision-induced chemical transformations
are a sensitive probe of the underlying potential energy surface(s).
Despite tremendous progress in past decades, our understanding is
still not complete. In this Perspective, we survey the recent advances
in theoretical characterization of bimolecular reaction dynamics,
stimulated by new experimental observations, and identify key new
challenges.