Baosteel is seeking cooperation with Tesla in ultra- high strength steel.

As a leader in the Chinese steel industry and automotive panels, Baosteel (600019) is seeking cooperation with Tesla in ultra- high strength steel.

May 8, Baosteel shares in the interactive platform, said Baosteel and Tesla’s material team has technical cooperation. Baosteel said in an interview with surging news, “Tesla follow – up models will increase the use of ultra-high strength steel to further reduce costs, Baosteel is currently engaged in related technical cooperation and supply preparation.

In fact, Baosteel in the field of automotive panels to open up the territory does not let the outside world, the car has always been Baosteel as a strategic significance of the product. Over the past 2016, Baosteel Automotive Board sales of nearly 900 million tons, steady access to the global production, and sales of the first three. With the “Bao Wu” joint reorganization landing, Baosteel car sales will reach 12 million tons. Recently, Baosteel chairman Dai Zhihao in a surging news interview, said, “At present, Baosteel shares in China’s auto market share of 60%.”

However, in the automotive industry put forward energy-saving and lightweight requirements

the automotive steel plate is also faced with aluminum and other new materials, such as the challenge. High-strength steel to reduce the thickness of steel specifications to reduce the quality of the car at the same time, but also improve the safety performance of the collision, while both the advantages of relatively low cost, so the car is still the main choice under the weight of choice.

According to the official website of Baosteel, Baosteel has been conducting advanced steel forming technology for automobile steel since 2000. However, Baosteel really laid the leading position in the world in 2013. July 2013, Baosteel held the third generation of automotive high strength steel – QP steel (hardened ductile steel) global starting ceremony. Since then, Baosteel has become the world’s only able to mass production of the first generation, second generation, the third generation of advanced high-strength steel enterprises.

In fact, from 2012 onwards, some auto OEM (OEM) manufacturers began to bulk use of Baosteel QP steel. The QP steel is Baosteel is the first full sense of the international starting products, while high strength and high plasticity of the QP steel, automotive super high strength steel in the “leader”, whether commercial production QP steel is often seen For the steel mills have advanced technical capabilities of the logo.

February 2015, Baosteel QP steel family again upgrade, QP1180GA steel successfully off the assembly line, to achieve the world’s first.

The QP1180GA has a high ductility of more than 15% at a high strength of 1200 MPa. Baosteel’s official website shows that the product can meet the needs of different automotive users of wood, but also to achieve the development of the lightweight automotive industry and the whole life cycle of energy-saving emission reduction provides strong support.

November 2015, Baosteel is held in Zhanjiang, the third session of the Baosteel Automotive Board EVI forum for the first time released its own independent research and development of the ultra-light white body (BCB), this move is also the first in the domestic steel mills. In April 2017 Shanghai Auto Show, the surging news also saw the concept car again debut.

Baosteel BCB research and development started in 2012, 3 years invested more than 40 million yuan, high-strength steel use ratio reached 78%, advanced high-strength steel accounted for up to 42.3%, timber covered Baosteel first generation, second and third-generation Steel, including the latest development of the QP1180, MS1500, TWIP950, and other new materials. Through the high-strength thinning, to achieve vehicle performance does not decline, the body lightweight target, real car lightweight coefficient 2.7.

It is worth mentioning that, in this ultra-high strength steel before cooperation, Baoshan Iron and Steel shares and Tesla had an intersection. “Baosteel is a supplier of Tesla in 2015, mainly for the bulk supply of some steel parts of Tesla,” said Baosteel ‘s share of surging news.

In addition, Baosteel said that by virtue of its absolute leadership position in China’s auto market, “Baosteel and the domestic most of the new energy vehicles have close cooperation.”