News for Aluminium Automotive Component Machining
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XM Electric Truck Components
MODIG have announced a new automated machining line the XM with an increased capacity to handle the extrusion of larger and heavier aluminium components for the Electric Vehicle Truck sector. On 24th September MODIG announced their partnership with ASAS, Turkey, the first customer for this next generation of extrusion machining centres.
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Importance of reducing cost in BEV production
According to Deloitte's electric vehicle trend report, achieving price parity will play a big role in speeding up EV adoption. From a manufacturing perspective, this highlights the importance of reducing cost during every stage of the battery electric vehicle production process to be able to pass these savings onto consumers.