Giga Press

Giga Press

Source : https://bottomliner.co/stock/%E0%B8%A3%E0%B8%B9%E0%B9%89%E0%B8%88%E0%B8%B1%E0%B8%81-gigapress-
Source : https://www.blockdit.com/posts/619effd18d4e540cabed15e9

Image source : How Tesla Builds Its Factories So Quickly (theb1m.com)

TESLA

It is an American multinational automotive and clean energy company headquartered in Austin, Texas, that designs and manufactures Electric vehicles, energy storage equipment From home stationary batteries to grid-scale solar panels and solar shingles and related products and services. There is a subsidiary company named Tesla Energy which develops and installs solar cell system Major in the United States and is one of the world’s largest suppliers of battery energy storage systems.

Previously, Tesla itself faced quite a few production problems. It will be found that producing one Tesla car requires thousands of robots to do the job of welding, riveting, and using glue. Each process that takes place usually uses different types of materials. This makes car assembly more likely to cause errors.

Tesla has to find every way to reduce the production process faster. In order to produce as many cars as possible, Elon Musk has come up with a solution that would make assembly of cars more precise. Produce faster than before and has reduced costs This is the origin of the use of the “Giga Press” machine in the production of car frames.

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Image source : Giga-Maschine für Asien weckt Tesla-Spekulationen > teslamag.de

Giga Press

Tesla was the first company in the world that using this machine. Currently, Tesla company in each countries have Giga Press machine like the Shanghai factory has 5 Giga Presses installed, 2 California, 2 Berlin, and 2 Texas.

The Giga Press is the world’s largest high-pressure aluminum die casting machine in the world. It has a molding force of up to 6,100 tons. Produced by IDRA in Italy, the advantage of the Giga Press is that it eliminates the complicated process of manufacturing a car chassis that requires multiple parts to be assembled together. There are only a few steps left by stamping aluminum into one large car frame. Moreover, the production speed will be much faster. It is estimated that it takes only 1-2 minutes to get one car body. Compared to the traditional 300 robots that Tesla uses in one production line, the Giga press will save up to 30% of space and reduce the complexity of maintaining it. Also reduced from 300 robots to only 1.

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Image source : Tesla Model Y after 1,200 miles: The good and the bad (teslarati.com)

Achievement

The Tesla Model Y is the world’s first car to use Gigapress for its structure. Which Tesla started using at the end of 2020, so it’s something very new. The Tesla Model Y can be cast by Gigapress in a ready-made way.

Tesla has proven that the Giga Press can actually be used. and is beneficial to the production of car frames And the beneficiary will be IDRA, the current manufacturer of this machine. It is seen that investors have paid great attention to this matter. And the stock price has increased dozens of times in the past.

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About

This article is a part of the class 

“751309 Macro Economic 2”

supervised by Asst. Prof. Napon Hongsakulvasu

Faculty of Economics, Chiang Mai University

This article was written by 

Jeerapha Jeeraya 651615008

CMUECON