Automobiles
To beat China EVs, Honda supplier and ArcelorMittal look beyond gigacasting
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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.