The fourth Berlin E-Prix, which today, on May 19, electrifies the grounds of the former Tempelhof airport, marks an exciting start for voestalpine’s partnership with the ABB FIA Formula E. The innovative race series is already at the forefront in fully-electric racing cars—Formula One Champion Nico Rosberg also presents the brand-new race car for the coming season at the races in Berlin. During the presentation of the new e-car voestalpine CEO Wolfgang Eder, together with founder and CEO of Formula E Alejandro Agag, took a look into the future of electromobility.
With its technologies and consistent focus on research and development, voestalpine already occupies a leading position as a global driver of innovation in the dynamic and growing e-mobility industry. Whether ultra high-strength body components, central safety devices for batteries, or intelligent product solutions for electric motors, the Group has long since been actively shaping the future of mobility with its know-how, and cooperates with the most advanced automotive customers around the world.
According to a Handelsblatt Research Institute study*, the expansion in electromobility is creating a growing market, especially for steel: in a purely electric vehicle 40 to 100 kilograms of electrical steel are required for the motor alone, while for a hybrid motor this figure is calculated at between 10 and 30 kilograms. Over the coming years this will result in additional demand for electrical steel which, even just in Europe, will be worth billions of euros. Accordingly, the share of ultra high-strength steels, which play a major role in reducing weight in automotive manufacturing while offering the best possible levels of crash performance, will continue to rise.
*Study on the role of steel in electromobility by the Handelsblatt Research Institute, scheduled for publication in summer 2018