The future of OEMs developing chassis components is influenced by various factors such as consumer trends, regulations, manufacturing technology advancements, and material developments. While traditional materials like steel remain relevant, the industry is witnessing a shift towards stronger and lighter alternatives due to the lightweight trend and the rise of electric vehicles with heavy batteries.
Advancements in hot-rolled advanced high-strength steel (AHSS) are proving steel's continued viability, offering advantages like high stiffness, excellent fatigue properties, and cost-efficiency. Due to its lightweight nature, AHSS is extensively used in vehicle components like bodies, doors, frames, and bumpers. Car manufacturers are innovating AHSS to enhance safety, performance, and cost-effectiveness, with classifications including martensitic, transformation-induced plasticity, and ferritic-bainitic steels.
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High carbon steel, characterised by its high carbon content and resilience to wear, is utilised in tools and fasteners, as well as in automobile applications such as chassis, frames, and door panels. On the other hand, low carbon steel, with its high ductility and formability, is ideal for smaller vehicle components like suspension parts and brackets, contributing to overall vehicle stability. Galvanised steel enjoys popularity in the automotive industry for its affordability and corrosion resistance, with approximately 80% of vehicles incorporating it to prolong lifespan and reduce maintenance needs.