Tuesday, May 24, 2022
The Financial Eye
Register for Free LBR8 Tokens
  • Finance
    • Commodity
    • Corporate
    • Stocks
  • FinTech
    • Blockchain
    • Metaverse
  • Crypto
  • Politics
  • War in Europe
  • Climate
  • Lifestyle
    • Architecture
    • Design
    • Food & Beverage
    • Music
    • Hotels
    • Resorts
    • Travel
  • Press Room
  • About Us & Contact
No Result
View All Result
  • Finance
    • Commodity
    • Corporate
    • Stocks
  • FinTech
    • Blockchain
    • Metaverse
  • Crypto
  • Politics
  • War in Europe
  • Climate
  • Lifestyle
    • Architecture
    • Design
    • Food & Beverage
    • Music
    • Hotels
    • Resorts
    • Travel
  • Press Room
  • About Us & Contact
No Result
View All Result
The Financial Eye
No Result
View All Result

Tesla Giga Press supplier says 6 Chinese automakers want similar tech next year

by The Financial Eye
2021/12/01/9:36
in Corporate
Reading Time: 1min read
A A
Tesla Giga Press supplier says 6 Chinese automakers want similar tech next year

Tesla Inc’s GigaPress approach is gaining popularity with the automotive industry as more players in China aim to replicate the technology, Electrek reported on Tuesday, citing a key supplier.

What Happened: Tesla supplier LK Technology has worked with the electric vehicle maker on the casting technology and says six China-based automakers want to deploy a similar technology in their factories next year. 

“In addition to Tesla, LK will supply similar giant casting machines to six Chinese companies by early 2022 as more automakers adopt Tesla’s way of making cars,” the report noted, citing Liu Siong Song, an engineer at LK Technology.

Get Your AirDrop of Free LBR8 Tokens Get Your AirDrop of Free LBR8 Tokens Get Your AirDrop of Free LBR8 Tokens

Why It Matters: Elon Musk-led Tesla has been investing heavily in casting and alloy technology and uses a series of big die casting machines to make car bodies with just a few massive casted parts, a trend that is now catching on in the auto industry.

The Giga Press is seen as Tesla’s latest leap in manufacturing and is used to produce the Model Y. The technology reduces the Model Y’s front and rear casting from hundreds of parts down to just two.

InQubated InQubated InQubated
ShareTweet

Related Posts

Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025

Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025

by The Financial Eye
2022-05-22

Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to...

Elon Musk blasts Biden administration, Democrats on Twitter over ‘hate,’ sidelining of Tesla

Elon Musk blasts Biden administration, Democrats on Twitter over ‘hate,’ sidelining of Tesla

by The Financial Eye
2022-05-21

Tesla CEO Elon Musk blasted the Biden administration and Democrats on Twitter as the world’s richest person doubled down on...

Musk denies ‘wild accusations’ against him in an apparent reference to harassment report

Musk denies ‘wild accusations’ against him in an apparent reference to harassment report

by The Financial Eye
2022-05-20

SpaceX founder Elon Musk said in a tweet late Thursday that “wild accusations” against him are not true. He did...

Tesla investor calls for share buyback after Musk’s Twitter deal hurts stocks

Tesla investor calls for share buyback after Musk’s Twitter deal hurts stocks

by The Financial Eye
2022-05-20

Leo KoGuan, a major individual investor in Tesla (TSLA.O), on Thursday called on the electric carmaker to buy back shares, after...

Please login to join discussion
Get Your Free Tokens! Get Your Free Tokens! Get Your Free Tokens!
ADVERTISEMENT
Facebook

Category

  • Architecture
  • Art
  • Artikel auf Deutsch
  • Blockchain
  • Climate
  • Commodity
  • Coronavirus
  • Corporate
  • Crypto
  • Design
  • ECAP
  • eSport
  • Fairvestment
  • Finance
  • FinTech
  • Food & Beverage
  • Hotels
  • Lifestyle
  • Metaverse
  • Music
  • News
  • OneNextGen
  • Politics
  • Press Releases
  • Punk Industries PR English
  • Punk Trader
  • PunkIndustries
  • PunkIndustries PR Deutsch
  • Resorts
  • Stocks
  • Travel
  • Video of the Week
  • War in Europe

© 2021 The Financial Eye
by DeFined promotion

DISCLAIMER

No Result
View All Result
  • Finance
    • Commodity
    • Corporate
    • Stocks
  • FinTech
    • Blockchain
    • Metaverse
  • Crypto
  • Politics
  • War in Europe
  • Climate
  • Lifestyle
    • Architecture
    • Design
    • Food & Beverage
    • Music
    • Hotels
    • Resorts
    • Travel
  • Press Room
  • About Us & Contact

© 2021 The Financial Eye
by DeFined promotion

DISCLAIMER