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Innovative Weight Reduction of PBC-EV(POSCO Body Concept – Electric Vehicle)

39 Submissions
$15,000 USD
Challenge closed

Challenge overview

POSCO, a steel company, has developed a lightweight body frame for an electric vehicle called the PBC-EV (POSCO Body Concept – Electric Vehicle). Although they have reduced the body weight by 26%, they have another goal to reduce it by 30% more in the future. POSCO would like to find ideas and technologies that could reduce the body weight of the EV without replacement of the steel by other materials such that they can still meet strict crash requirements. There is a potential for future collaboration of award winners with the Seeker after the Challenge, if interested. 

This Theoretical Challenge requires only a written proposal.

 POSCO, the Seeker, is looking for new technologies and concepts to lower the body weight of an Electric Vehicle by 30%, from 218 kg to about 153 kg. Due to strict crash requirements, they cannot just replace parts with lighter weight materials like plastic and aluminum. They would like ideas to reduce the weight through technology. Note, the Seeker is not looking for stronger steel as they have programs for that purpose. An example of a known technology is using laser welding instead of traditional spot welding as the weld uses less material and hence lowers the overall weight. 

This is a Theoretical Challenge that requires only a written proposal to be submitted. The Challenge award will be contingent upon theoretical evaluation of the proposal by the Seeker. 

To receive an award, the Solvers will have to transfer to the Seeker their exclusive Intellectual Property (IP) rights to the solution. However, the Seeker will be willing to consider a licensing agreement for a partial award if exclusive IP cannot be transferred by the Solver. 

Submissions to this Challenge must be received by 11:59 PM (US Eastern Time) on January 22, 2017. 

Late submissions will not be considered

ABOUT THE SEEKER

POSCO is a multinational steel-making company headquartered in Pohang, South Korea.

It had an output of 42 million tonnes of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure.

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