Chassis is the skeletal frame of the vehicle which supports the components and sub-assemblies of the vehicle. The chassis is the key frame which provides rigidity and strength to the vehicle. Typically, carbon steel or aluminum alloy undergoes a variety of processes such as forging, stamping, and welding in order to obtain the frame structure. The Car manufacturer Ariel developed a titanium chassis for its Atom sports car that is 40% lighter than the steel chassis. The usage of titanium in chassis building leads to a reduction in weight and increase in fuel efficiency and titanium market is projected to expand particularly in motorsport vehicles. Demand for lightweight solutions in order to decrease CO2 emissions has increased. The current vehicle generation in Europe are 12% lighter than the previous generation vehicle. Thus, the demand for lightweight chassis is estimated to rise. Asia and Latin America are witnessing an increase in production of vehicles due to the rise in vehicle ...