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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 2/7:

As electrification continues to gain momentum, automakers are beginning to leverage the expertise of companies like CATL to facilitate vehicle production. With innovative technologies such as giant Giga casting machines, a substantial portion of vehicles can be constructed in large, integrated pieces. Notably, Tesla and other companies, such as Hyundai and Toyota, are embracing this method, showcasing the viability of producing cars that are not only efficient but also sophisticated in design.

This approach opens the possibility for nearly anyone to manufacture cars, given the right partnerships and technologies. However, it is crucial to acknowledge the competitive edge held by established manufacturers, particularly Tesla and BYD, due to their vast production capabilities and efficiency.