E-mobility pushes new developments on coating materials
Advanced coatings by Physical Vapour Deposition (PVD) are the critical needs for wide range of industrial applications. Initially, these coatings were developed with an aim to apply in machining tool industries but later extended to decorative purposes as well.
Worldwide 1,35 Billion cars are moving around. The majority combustion engines.
Though the surge in PVD market for decorative coatings is exponentially increasing, machining tool industries have been the major motivator for the growth and development of coating industries for past 5 decades until 2015.
The major decision to end the production of fuel based automotive impact the tool industries substantially and subsequently the heat is also felt on the PVD industries thrive on coating the tools.
The race for e-mobility is moving faster than expected
Within the next 10 years car producer like Volvo or Jaguar Land Rover will stop producing combustion engines in 2030.
Also, history will well mark the General Motors’ decision to jump from fuel-driven cars to electric cars. At the beginning of this year 2021, General Motors has made a strategic mark its calendar to stop producing fuel engines in 2035.
Daimlers' goal: selling only emission-free cars by 2039