Opportunities for PM due to Electrification
With a push towards wider use of electrical or hybrid vehicles, new supply chains, sometimes from completely different sectors, are establishing as competitors to PM.
To keep a good position as suppliers for the OEMs and take advantage of this opportunity, PM companies need to adapt and put focus into different areas, like understanding the real competitiveness in terms of global life cycle assessments, investigating the use of PM materials like Soft Magnetic Composites and Functional Materials in the new propulsion engines and automotive components, improving weight reduction and noise control by the use of PM parts, improving the performance to make new heavy load applications available (e.g. for transmission gears).
Due to the persisting worries about COVID-19 and the consequent travel difficulties, the seminar will be held on-line.