New Materials Technologies in the Automotive Industry: A Review of Successes and Failures

2002-01-2038

07/09/2002

Event
International Body Engineering Conference & Exhibition and Automotive & Transportation Technology Congress
Authors Abstract
Content
In the automotive industry, materials are evaluated on their relative costs and value-added potential. In order to achieve commercial success, a material must offer a favorable balance of performance advantages and economics relative to incumbent technologies. In the business development cycle, there is often a great deal of excitement surrounding a new material formulation believed to offer improved functionality. Unfortunately, few of these technologies continue on a promising substitution trend, either because of inherent manufacturing challenges, or other market factors such as economics of scale required for market-entry pricing. The average design to market investment for a vehicle platform is $2.5 - $3 billion, with daily costs exceeding $1 million. Given such cost penalties, it is exceedingly valuable for the developers to understand the existing and potential cost structures involved in material selection in order to make efficient, effective, and informed strategic decisions.
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Details
DOI
https://doi.org/10.4271/2002-01-2038
Pages
8
Citation
Johnson, K., and Mascarin, A., "New Materials Technologies in the Automotive Industry: A Review of Successes and Failures," SAE Technical Paper 2002-01-2038, 2002, https://doi.org/10.4271/2002-01-2038.
Additional Details
Publisher
Published
Jul 9, 2002
Product Code
2002-01-2038
Content Type
Technical Paper
Language
English