FOR IMMEDIATE RELEASE
DETROIT, MI, FEBRUARY 26, 2020: Ground-breaking strategies for making electric vehicles more efficient using magnesium alloys will be presented today, at an insiders’ auto industry conference in Detroit. Galaxy Trade and Technology, a major global supplier of magnesium, and Panoz Engineering, a leading automotive design and engineering firm, present the study to 200 delegates at the Battery Electric Vehicles Architecture Congress (BEVA).
“We’re pleased to report the conclusions of our preliminary joint study to industry leaders: correct application of magnesium alloys can make vehicles up to 25% lighter. This study answers one of the most urgent needs of the fast-growing electric vehicle industry: increasing the distance that vehicles can go before they need to be recharged,” said Michael North, chairman of Galaxy. “The magnesium advantage can extend the typical range substantially, in one simple, fast and economical step.”
Attending the Congress are engineers and business development executives for a who’s who of the electric vehicle industry: Ford Motor Company, Porsche Cars, Dow Chemical, Mahindra Automotive, Henkel, Bollinger Motors, Wevo, Seek Together, Laser Marking Technologies, NIO, Rimac, Uniti, Drako, Chanje, Byton, DD Danner, New Flyer and Global Design Index.