Faced with stringent fuel-economy and emissions policies, OEMs are adopting the use of lighter weight materials in automotive components and parts, along with part optimization/consolidation & the use of innovative processes.
Additionally, regulations in major car markets like China, the European Union, and the United States… compel OEMs to produce more EVs with rising interests in consumers as well.
However, the challenge is to achieve vehicle innovation goals without loss of performance or aesthetics as well as reduce cost. Moreover, material selection is affected by number of factors like formability, assembly methods, paint technologies, corrosion protection requirements, cost per unit of weight saved…
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