Hyundai Steel develops high-quality alloy steel for electric vehicles

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The global electric modular platform developed by Hyundai Steel (Hyundai Steel)

Hyundai Steel said Thursday it has developed a high-grade alloy steel that reduces noise emitted by electric vehicles.

The steelmaking technology was jointly developed with Hyundai Motor Group and its subsidiary Kia, and has been certified as an excellent new technology by the Ministry of Commerce, Industry and Energy.

The company said alloy steel reducers improve the thermal management of car batteries by 48% over other steels and reduce gear shift noise. It also increases the durability of gear reducers more than doubled.

The alloy steel will first be used in Kia’s electric vehicle, EV6 GT, which is slated for launch this year.

“Amid the rapid growth trend towards net zero, the electric vehicle market is growing rapidly, as are engine components for electric vehicles. With the newly developed alloy steel, we seek to gain a competitive edge in the electric vehicle materials market,” the company said in a statement.

NET refers to government-certified technology that is new or innovative and has enormous economic and technological impact.

By Byun Hye-jin ([email protected])

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