ThyssenKrupp says its research project ‘InCar plus’ has developed new components that offer weight savings of up to 50% and cost reductions of up to 20% on conventional parts.

The company also said that the new components permit savings of up to eight grams of CO2 per kilometre.

A total of 100 engineers from eight companies at 15 locations worked on the project. They come from three of the company’s business areas – Steel Europe, Components Technology and Industrial Solutions (with its System Engineering business unit specialising in engine and transmission assembly and body-in-white lines).

ThyssenKrupp CEO Dr. Heinrich Hiesinger emphasised the importance of the auto industry for the group: “Business with the auto industry accounts for a quarter of our sales, almost ten billion euros. And the mobility sector will continue to grow in the long term.”

“ThyssenKrupp has systematically leveraged its synergies as a diversified industrial group,” Hiesinger said.

The InCar plus team will now present its innovations to auto manufacturers in Europe, the Americas and Asia. The first production order for an InCar plus innovation has already been received, the company said.