NanoSteel Delivers Advanced
Automotive Steel to General Motors |
November 15, 2016
NanoSteel has delivered its first advanced high strength steel (AHSS) to General Motors for initial testing. Designed to provide automakers with a new standard in material performance, the sheet steel is poised to accelerate vehicle lightweighting initiatives focused on affordably meeting rising global fuel-economy regulations. Production of the material, targeted to the $100 billion-plus automotive steel market, is the result of a multi-year joint development program between NanoSteel and AK Steel Corporation—an industry-leading innovator in steel product development.
NanoSteel’s commercially produced automotive sheet steel overcomes the
historical tradeoff between strength and formability by delivering
exceptional levels of both properties at the same time (approximately
1200 MPa tensile strength and 50 percent elongation). The high strength
allows designers to create parts utilizing thinner-gauge material (less
weight) while the high elongation allows manufacturers to produce the
newly designed parts without expensive processing techniques, employee
retraining or additional capital costs. The unique combination of
properties also allows engineers the design freedom to create novel part
shapes, which further reduces weight.