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  • Nissan Turns To Gigacasting To Slash Costs And Complexity Of Future EVs

    05/28/2024 1:06:33 PM PDT · by Jonty30 · 32 replies
    https://www.msn.com/ ^ | 05/28/24 | Suvrat Kothari
    High purchase prices are a major barrier to the wider adoption of electric vehicles. A significant portion of this cost comes from expensive batteries. However, in recent years, automakers have been employing an advanced manufacturing technique known as gigacasting. This method helps offset the high cost of batteries, simplifies production, and reduces the weight of EVs. Nissan will follow Tesla, and several other carmakers like Toyota, Hyundai, and Ford, in adopting this technology. The brand aims to reduce the costs of EV parts by 10% and slash weight by 20%, Automotive News reported. Nissan's EVs using gigacasting are expected to...