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As the global market for electric cars grows, electrical steel, for instance, is in great demand. Due to the fact that they determine a vehicle’s horsepower, motors are essential to the efficiency and overall performance of EVs. As a result, automakers vying for the biggest share of the growing EV market are searching for superior electrical steel.
There are several challenging processes involved in the production of electrical steels, such as annealing, hot and cold rolling, and insulating coating. For EV performance and efficiency, the best electrical steel should be utilized, and the most advanced production method must be employed.
A crucial factor in assessing the quality of electrical steel is little core loss. Electrical steel makes up the cores of the motors, transformers, and generators in electric cars.
Since the magnetic field’s direction is continually shifting, the generated energy can easily be squandered as heat. Premium electrical steels with high flux densities and minimum core losses must be used to reduce core loss.
The France EV Steel Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
With the help of the French government, ArcelorMittal has announced plans to invest millions to build a new manufacturing facility for electrical steels at its Mardyck location in the north of France. More than a hundred direct employment will be generated by this investment.
All of the group’s electrical steel will be manufactured in France thanks to this new facility, which will focus on producing electrical steel for the engines of electric cars. It will complement ArcelorMittal’s current electrical steel factory at Saint-Chély d’Apcher, in the south of France.
The new manufacturing facility will be situated on the current ArcelorMittal plant in Mardyck, close to Dunkirk, and will manufacture the electrical steels used in electric motors generally (including those used in industrial machines), as well as electric and hybrid cars specifically.
These steels have high polarization to maximize engine performance, low losses to increase vehicle autonomy, and high yield strength to maintain engine rotation. These steels are employed in engines in the form of stacks of extremely thin layers.
