- In February 2025, ArcelorMittal announced the development of a new generation of ultra-high-strength steel (UHSS) grades under its Fortiform and Usibor product lines, aimed at reducing vehicle weight by up to 15% without compromising safety, in response to increasing demand from electric vehicle (EV) manufacturers in Europe and North America.
- In January 2025, POSCO (South Korea) unveiled its Giga Steel solution for next-generation automotive applications, which achieves tensile strength exceeding 1,000 MPa with enhanced formability, allowing automakers to meet both crash safety standards and lightweight design targets for EVs.
- In November 2024, Nippon Steel Corporation (Japan) partnered with Toyota to co-develop advanced high strength steel (AHSS) grades for use in EV frames and battery enclosures, integrating thermal and corrosion resistance with structural integrity for improved energy efficiency.
- In October 2024, SSAB (Sweden) expanded its Green Steel initiative with the launch of fossil-free high strength steel variants using HYBRIT technology, which replaces coal with hydrogen in the steel-making process, marking a significant step toward sustainability in the heavy machinery and construction sectors.
