The trend is clear, straightforward and based on a simple formula: 95 by 2021. New cars sold in Europe will only be able to burn a maximum average of 95 grams of CO2 per kilometer by 2021. Right now, leading companies are still about 30 grams short of this target. That means we’ll need many more low-emission drive systems, like electric or hybrid. And, of course, more lightweight construction. Which is where we at thyssenkrupp Steel Europe come in.
Lightweight steels are a boom market in today’s car industry. Experts predict that market volumes could grow five times as large by 2025. Until now, aluminum and carbon fiber-reinforced plastic (CFRP) have looked like the most likely future alternatives to the number one construction material for decades, namely steel. It’s true both materials are considerably lighter than steel, but their energy-intensive production also makes them disproportionately expensive.