Welcome to MetalForming Automotive, the latest enewsletter from MetalForming magazine and the Precision Metalforming Association. In each monthly MetalForming Automotive you’ll find a variety of news and information from this quickly evolving industry, including links to the latest information from our industry partners: AISI, Automation Alley, CAR and MEMA (formerly OESA).
Please share any questions or comments by emailing editorial director Brad Kuvin.
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WATCH: How EVs Could Shake Up the Automotive-Parts Supply Base |
This 17-min. CNBC report explores the “harsh future” facing companies that make parts for internal-combustion-engine (ICE) vehicles.
“Revenues for ICE cars, and fuel and exhaust systems, are expected to decline 44 percent through 2027,” the report offers. “Meanwhile, for electric drivetrains and batteries or fuel cells, revenues are expected to rise 245 percent, according to a 2023 Deloitte Automotive Supplier Study. While the parts themselves are changing, the pie is also shrinking. An internal-combustion powertrain has about 2000 parts. EV (electric vehicle) powertrains have about 20, sometimes less. …Even the large, publicly traded suppliers such as Bosch, Denso, Magna and ZF could be in trouble.
“The question is, will EVs kill the thousands of auto suppliers, or can they find ways to pivot, consolidate or somehow stay in business?” |
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WorldAutoSteel’s Steel E-Motive Demonstrates Pathway to Net Zero for Ride-Sharing Vehicles |
Results of a global steel-industry initiative called Steel E-Motive, aimed at developing the world’s first fully autonomous EV body structure concept for ride sharing, recently were unveiled. The project results from a 3-yr. research program led by WorldAutoSteel, in partnership with global engineering firm Ricardo. Its objective: create a fully autonomous ride-sharing vehicle concept showcasing the strength and durability of steel and with a critical focus on sustainability for reaching net-zero emissions.
Among the results highlighted in the final report: Use of seven advanced
high-strength steel structural innovations that provide safe, efficient
and economical vehicle architectures. |
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Register for FABTECH Chicago! |
FABTECH is back in the Windy City this September! FABTECH is North America’s largest metalforming, fabricating, welding and finishing event. Make sure to register by September 8 to receive free admission.
Don’t forget to stop by the Precision Metalforming Association and MetalForming magazine’s booth—D41560—during the show!
Register here |
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Executive Report: Transforming the Automotive Industry Supply Chain |
This 26-pg. report from Capgemini, “Transforming the Automotive Industry Supply Chain,” discusses several challenges facing the automotive industry, stressing that suppliers must be resilient and intelligent, and fine-tune their connectedness and sustainability. Up for discussion: - Political and economic events that force suppliers to attend to risk management and flexibility.
- New regulations that require supply-chain visibility to meet ESG laws and guidelines.
- New business models resulting from the ICE-to-EV evolution.
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Nominate Women of Excellence in Metal Forming and Fabricating 2023 |
Once again, MetalForming
magazine is looking for women in leadership positions or on the shop
floor, those who represent dedication to their company and the industry,
and demonstrate excellence in meeting their workplace responsibilities.
Nomination deadline is September 29. |
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Hot Stamping Conference and Plant Tour: November 29-30, Holland, MI |
MetalForming
magazine and the Precision Metalforming Association are proud to
deliver this one-of-a-kind event that provides a unique opportunity to
dive deeply into the ever-expanding world of hot stamping. Designed for
automotive OEMs and Tier suppliers, the conference agenda features some
of the leading experts in hot stamping, a go-to process for the
production of lighter and safer vehicles. And the event includes a tour
of the GNS North America facility and close-up looks at its
press-hardened steel stamping lines, five-axis laser-cutting cells,
weld-assembly cells and non-weld fastener-application cells. In
addition, the facility is home to Quincy Tool and Engineering, the GNS
tool and die design/engineering and build center. |
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PMA Membership |
Position your company as an industry leader when you utilize PMA resources—ITR Econ Trends reports, trade publications, One Voice and FABTECH trade shows. A PMA membership will provide your company and all of its employees with a range of valuable industry resources that are designed to help you become more connected, more informed, more efficient, more competitive and ultimately more profitable. |
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