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المشهد العربي
Source: المشهد العربي
6 Hrsالمشهد العربي
Source: المشهد العربي
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Toyota plans to develop gigacasting technology in-house and use it to produce electric vehicles at a new Lexus plant in Shanghai. The project involves an investment of up to $2 billion, with production set to begin in 2027. The move is part of an effort to halt the decline in the company’s sales in China, which fell 19% in the first eight months of the year. The technology allows large, complex sections of a car’s body to be cast as a single piece, reducing the need for welding and assembly and cutting production time and costs.
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