Toyota is adopting Tesla's "Gigacasting" technology, which uses large aluminum die-casting machines to produce large auto parts.
Other automakers, including General Motors, Hyundai, and Geely affiliates, are also using or planning to use the technology.
Gigacasting allows for fewer parts and lower costs, which has contributed to
Tesla's industry-leading profitability.
However, the investment in new casting technology can be expensive and challenging for legacy automakers with more complex product lines.
The use of single-piece body sections may also make repairs after an accident more difficult.
The article is a report on the automotive industry's efforts to increase the adoption of electric vehicles (EVs) in the United States.
The report highlights several key points: 1.
The EV market in the US has been growing rapidly, with sales increasing from around 200,000 in 2018 to over 600,000 in 2020.
2.
Several automakers, including
Tesla, General Motors, and Volkswagen, have announced plans to introduce new EV models in the coming years.
3.
The industry is facing several challenges, including a lack of charging infrastructure, limited driving range, and high costs.
4.
To address these challenges, the industry is investing in research and development and working with policymakers to build out charging infrastructure and promote the adoption of EVs. 5.
The Trump administration has been supportive of the industry's efforts, but some states, such as California, have implemented stricter emissions regulations that could pose a challenge to the industry's plans.