Why are other automakers chasing Tesla's 'Gigacasting'?

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Why are other automakers chasing Tesla's 'Gigacasting'?
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Toyota said it will adopt a technology Tesla pioneered known as ‘Gigacasting’ as part of a strategy to improve the performance – and lower the cost. Here's a look at Gigacasting and how the innovation is forcing automakers to scramble to match Tesla

pioneered known as "Gigacasting" as part of a strategy by the Japanese automaker to improve the performance – and lower the cost – of future electric vehicles .Here's a look at Gigacasting and how the innovation is forcing automakers to scramble to match Tesla:The Giga Press is an aluminium die-casting machine adopted by Tesla at its factories in the U.S., China and Germany.

In operation, the press takes in a shot of molten aluminium of 80 kg or more into a mould where it is formed into a part, released and then quickly cooled. Fewer parts, lower costs and a simplified production line have contributed to Tesla's industry-leading profitability, analysts have said. In the Model 3, by using a single piece from the front and rear of the vehicle, Tesla was able to remove 600 robots from assembly, Elon Musk has said.

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