Abstract:-Wheel is a mainmechanical term of the vehicular suspension system that supports the static anddynamic loads encountered during vehicle action. Since cars carry heavy loadsof occupants as well as self-weight, the alloy wheel rim should be strongenough to withstand this load. Thus, their design should be done verycautiously. While designing such main kind of automotive component taking careof protection and cost are very important concerns so that user can use itsafely. Major five technical considerations while modeling any new alloy wheelrim are styling, aesthetic, mass, manufacturability and capability. Whileanalyzing stress and displacement, shear stress distribution in vehicle wheelssubjected to increase pressure and radial load .essential efforts have beentaken to discover the Finite Element Techniques. Alloy wheel rim has beendesigned using Catia software, after that static analysis is done withdifferent materials (Carbon epoxy composite, AL6061, Mg alloy) load andboundary conditions taking in ANSYS14.5 Software. Finally observed results ofstress, total deformation, shear stress on different wheel rims(Hexagon spokeshape and Elliptical spoke shape) materials and compared with each other. Thus,the best design and material can be selected for manufacturing of the alloywheel.