Honda supplier, ArcelorMittal team up on EV gigacasting alternative

TOKYO — Honda Motor group supplier G-Tekt will partner with global steelmaking giant ArcelorMittal on a cheaper alternative to casting auto chassis parts that promises to reduce the cost of making electric vehicles, Nikkei has learned.

G-Tekt will receive technology on license from Luxembourg-based ArcelorMittal that will be used to form EV body sections combining around five to 10 components into one large piece.