Lightweighting/Cost Reduction

Apr 11, 2024

thyssenkrupp AG (thyssenkrupp) announced that it will be presenting its hot-rolled steels, including manganese-boron (MnB) steels for lightweight automotive construction, at Tube 2024 in Düsseldorf, Germany, from April 15 – 19.

MnB steels for precision steel tubes are premium materials for lightweight automotive engineering. They are used in various car components such as the powertrain and chassis. MnB-alloyed tubor steels from thyssenkrupp Steel are easy to process in the delivery state, have a uniform surface and are ideal for welded, cold-rolled or cold-drawn precision steel tubes. They feature a homogeneous and fine-grained microstructure with a low sulphur and phosphorus content. Thanks to optimized production in combination with an analysis tailored to the end application, tubor steel grades offer higher strength combined with high toughness in the quenched and tempered condition.

The Company will also display its tkH2Steel for climate-neutral steel production and CO2-reduced bluemint steels for supporting climate protection.

(From a press release dated April 10, 2024)

Apr 10, 2024

On April 9, Alumobility announced that it would present its joint study with Porsche on "Aluminum Lightweight: A Conversion of the Porsche Taycan Top Hat from Mixed Material to an Aluminum Design," at Automotive Circle’s Car Body Xperience’s electrification program in Rochester, MI, USA, on April 23, 2024. The Technical Director of Alumobility and the Director R&D Body in White of Dr. Ing. h.c. F. Porsche AG will discuss the study's scope and results.

The study focused on converting the steel-intensive mixed-material body structure of the Porsche Taycan to an all-aluminum design, resulting in approximately 40% weight savings while maintaining safety, stiffness, and performance. The project also showed that aluminum-intensive vehicles offer manufacturing efficiency by reducing parts, joint types, and total joint count. Recycled aluminum was found to lower lifetime emissions compared to steel.

Cooperation partners validated the results to demonstrate the study's feasibility relative to agreed targets. Alumobility is a global ecosystem of aluminum and technology partners.

Based on Alumobility press release

Apr 09, 2024

On April 9, Basemark raised EUR 22 million in series B funding. The round was a combination of equity, grants, and loans. To date, Basemark has raised EUR 34 million in total funding. Basemark will exhibit and demo Rocksolid AR at Embedded World 2024 in Nuremberg, Germany. 

Basemark’s Rocksolid AR Studio enables OEMs to develop lightweight, portable AR applications that can fit on low-end chips and power multiple in-vehicle displays simultaneously. Basemark will use the capital to deepen its business with OEMs in Europe and the US and fund its international expansion to Japan, China, and South Korea.

The aim is to secure more series production deals with OEMs, and strengthen its Rocksolid AR software development tools.  The company secured its first series production deal with an OEM in the US last year and is also actively discussing with major OEMs in Europe and Asia.

Based on Basemark press release