Nemak SAB de CV: Segment Analysis

Nemak SAB de CV (Nemak), is a provider of light weight solutions for the global automotive industry. The company specializes in the development and manufacturing of aluminum components for powertrain and body structure applications. It also provides engines, monoblocks, transmission parts, structural components, and other components. The company offers its products to the automotive industry in North America, Europe, and internationally.

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Nemak has undertaken several R&D initiatives focused on sustainability and innovation. The company aims to increase the application of secondary alloys, focus on decarbonization and resource efficiency, and investigate end-of-life design and recyclability of its products. In 2024, 83% of the R&D portfolio incorporated sustainability elements. The company has invested in designing lightweight components and casting technologies, conducted Life Cycle Assessments, and participated in projects like EnSuRe to develop recyclable battery housing concepts. Collaborations with universities and OEMs have also been part of Nemak's R&D efforts. The R&D units of Nemak include the Global Research and Development team and the Product Engineering Team. The Global R&D team is responsible for innovation and presents innovations for technical impact review, strategic value, and prioritization. The Product Engineering Team emphasizes product quality and innovation, ensuring high safety standards. In 2024, Nemak submitted a total of eleven innovations for patent applications.