Steel in the age of automotive electrification
With AHSS now offering comparable characteristics to Aluminum, that too at a significant cost advantage, steel is now seen as the best value proposition metal for the electric vehicle segment
Change has been the name of the game in the automotive industry for the last couple of years, and the most prominent has been the advent of electric vehicles (EV). The change in powertrain technology is also expected to bring about a change in how the vehicles are manufactured. EVs are expected, and required to be much lighter so as to improve the range on a single charge and also to offset the weight of the battery which the EVs have to tow.