Asia Pacific Metalworking Equipment News - How Servo Technology Benefits Modern Automotive Industry
The global automotive industry is under a paradigm shift from fuel vehicles to alternative and pure electric options. EV-volumes.com sales data shows that the global total EV sales for Year 2022 came in at 10.5 million units across BEVs and PHEVs, more than 55% of growth rate compared with 2021. The global EV share in light vehicle sales is 13% for 2022 and this number will continue to grow significantly for the next few years. Electrification and lightweight design for automobiles to achieve carbon emission reduction target as well as safety guarantee have become a main focus for auto OEMs. The use of high-tensile steel and new composite materials such as ultra-high strength steel, carbon fiber, aluminum and other metal alloys for door beams, roof rails, body pillars and bumpers can be seen more and more often in the industry. However, the difficult-to-form characteristic of these materials challenges metal stampers the most.