Vitesco Technologies inks agreement Baosteel for Silicon Steel

New materials and innovation plan to grow the utilization of this high-grade silicon steel in the automotive field

Shanghai, China-Vitesco Technologies Group AG., a powertrain system solutions provider signed a agreement with Baosteel Co., Ltd. a manufactures of iron and steel for the propose of making new materials ie high-grade non-oriented silicon steel

Through this agreement the companies mean to advance supportable sustainable mobility and the improvement of e-mobility innovation, as well as to make a model of shared value in the industry

Mr. Gregoire Cuny, head of Vitesco Technologies China said that The achievement and development of Vitesco Advances in this quick creating market depend generally on areas of strength for the of our accomplices. Going into this participation with Baosteel, I accept we will fortify our exercises and objectives in the space of innovation and backing our essential spotlight on being a 'Driver of Sustainability'.

Hu Hong, member of the Standing Committee of the Party Committee and deputy general manager of Baosteel said that Cooperation among Baosteel and Vitesco Technologies is an important course of mutual benefit results. In 2018, we began the collaboration on the materials of motors on the EMR3 Platform. The present strategic cooperation agreement will carry our partnership to a more elevated level and make more commitments to the e-mobility industry."

Upgrading products with high-grade silicon steel 

High-grade non- oriented silicon steel, one of the collaboration targets, can be utilized in stator and rotor covers for drive motors, and its high attractive enlistment power as well as low iron loss features can altogether work on the effectiveness and dependability of engines. Besides, the two players will mutually complete the advancement cooperation on related new materials and innovation plan to grow the utilization of this high-grade silicon steel in the automotive field

The technical achievements to be used in Vitesco Technologies’ e-drive systems and thermal management systems later on. The high-quality performance brought by the electromagnetic performance and mechanical properties will help Vitesco Technologies to continuously provide leading electrification solutions.

Partnering for sustainability and carbon neutrality goals

Sustainability is an integral part of Vitesco Technologies’ core of its mission “Powering Clean Mobility”. Mean while, carbon peak and carbon neutrality are also important goals to Baosteel. Both parties will work together to explore carbon reduction measures and actively pursue their ambitious sustainability goals. 

Vitesco Technologies has set itself the objective of making its creation tasks up to 100% CO2 unbiased by 2030 and all business processes along the worth chain totally CO2 nonpartisan by 2040 at the most recent.