Ford Explores Tesla's Gigapress Method: Idra's Casting Machines Reshape Auto Production
Portfolio Pulse from Shivani Kumaresan
Ford Motor Co (NYSE:F), Hyundai Motor Company (OTC:HYMTF), and another European automotive entity have onboarded Idra, an Italian firm known for crafting aluminum casting machines and being a noted supplier for Tesla Inc (NASDAQ:TSLA). This highlights a growing interest in the use of gigantic casting machines, or 'gigapresses', for the production of substantial single pieces for vehicle underbodies. This technique streamlines the manufacturing process and reduces the workload, even for robots. Idra has dispatched 14 presses to Tesla, two of which are designated for its large Cybertruck production at its Texas facility.
October 11, 2023 | 2:15 pm
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Ford has onboarded Idra for the use of 'gigapresses' in vehicle production, which could streamline its manufacturing process.
The use of 'gigapresses' could streamline Ford's manufacturing process and reduce workload, potentially leading to cost savings and increased efficiency.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Hyundai has onboarded Idra for the use of 'gigapresses' in vehicle production, which could streamline its manufacturing process.
The use of 'gigapresses' could streamline Hyundai's manufacturing process and reduce workload, potentially leading to cost savings and increased efficiency.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tesla, a noted client of Idra, has received 14 presses from the company, two of which are designated for its large Cybertruck production at its Texas facility.
The use of 'gigapresses' could streamline Tesla's manufacturing process and reduce workload, potentially leading to cost savings and increased efficiency.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90