This steelmaking technology was developed by Hyundai Motor Group together with its affiliate, Kia, and is certified as a New Superior Technology (NET) by the Ministry of Trade, Industry and Energy of South Korea (South Korea).
The company says silencers made of alloy steel improve the thermal management of the car’s battery by 48 percent compared to other steels and reduce gearshift noise. It also more than doubles the durability of the gear reducer.
“Amid the fast-growing trend towards net zero, the electric vehicle market is growing rapidly and so are the motor components for electric vehicles. With newly developed alloy steels, we seek to gain a competitive advantage in the electric vehicle materials market,” the company said in a statement. , quoted from The Korea Herald, Saturday (11/6/2022).
NET refers to government certified technology that is new or innovative and has a huge economic and technological impact.