Hyundai is developing a Tesla-like Giga Press to boost EV production and cut costs
September 13, 2023
Hyundai is taking a page from Tesla as it plans to model a new EV production method after its Giga Casting. The new process,”hypercasting,” can significantly cut costs while boosting output.
According to an exclusive report from the Korean newspaper Hankyung, Hyundai’s new EV production method is inspired by Tesla’s Giga Casting.
The process involves injecting molten aluminum alloy into…