The Conversation (0)
North American Car Makers To Triple Thin Steel Use by 2025 in Bid for Fuel Efficiency
Apr. 02, 2013 09:42AM PST
Critical Minerals Investing
Bloomberg reported that North American car makers are looking to make their cars more energy efficient by tripling their use of thinner, stronger steel by 2025.
Bloomberg reported that North American car makers are looking to make their cars more energy efficient by tripling their use of thinner, stronger steel by 2025.
As quoted in the market report:
Automakers are experimenting with materials such as high- strength steel, aluminum and magnesium to cut fuel consumption, Lawrence Kavanagh, president of the lobby, said by phone. The use of the lighter, stronger steels will keep the total level of steel used in cars unchanged, the institute says. Steel makes up about 58 percent to 60 percent of a vehicle’s weight.
