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GM invests in new lightweight NanoSteel material

By SYF77 on 12 Aug 2012


As automakers try to achieve better fuel efficiency, they are looking for ways to reduce overall vehicle weight. General Motors has taken what could be a game changing decision by investing in NanoSteel, a leader in nano-structured steel materials design. The new steel alloy technology offers unique material characteristics that are not currently available today that will reduce vehicle weight and increase fuel economy.

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David Paratore, President and CEO of NanoSteel, said that the new material is stronger yet easier to form than conventional automotive steel. Additionally, the new alloy can be formed using conventional steel processes and no new welding techniques or machines are needed.

More importantly, NanoSteel claims huge weight-saving advantages.
"We're not talking about saving grams. We're talking about saving kilograms," said Paratore.

GM Ventures LLC, a subsidiary of General Motors, is hoping that the investment in the nano-structured steel material designs will have a widespread impact on the auto industry.

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“We are investing in NanoSteel because of the opportunity associated with their new steel alloy technology,” said Jon Lauckner, GM’s chief technology officer, vice president of Global R&D and president of GM Ventures LLC. “Over the next several years, light-weighting of vehicles will be a major focus area to improve fuel economy. NanoSteel’s nano-structured alloys offer unique material characteristics that are not available today, making them a potential game-changer.”

If new alloy material materializes, its application could spread beyond the automotive industry, perhaps even to the shipbuilding and biomedical fields.

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Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.

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