Newalu supplies heat-treated and ready-to-install aluminum components for the production of the Air electric sedan by Lucid Motors, a US car company specialized in electric cars. The major order, worth several million euros, comprises body parts which will be sent via a large German foundry to Newalu for finishing.
Newalu secured new orders worth millions from the automotive industry. This also includes the automotive supplier's first order in the field electromobility.
McKinsey predicts that the automotive industry will triple its aluminum consumption to 16.9 million tons by 2030. In lightweight construction, the properties can thus be specifically influenced.