While electric vehicle sales are increasing rapidly around the world, automotive giant Toyota is taking a new step to increase competition in electric vehicle production and enter the race step by step with its leading rivals such as Tesla. Toyota introduced its new generation electric vehicle production line.
Rapid Growth in the Electric Vehicle Market
According to data from CounterPoint Research, global electric vehicle sales are expected to reach 2023 million units by the end of 14,5. This rapid growth forces automobile manufacturers to develop accelerated solutions for electric vehicles and compete with leading brands such as Tesla.
Toyota's Tough Challenge
Toyota introduced a new electric vehicle production line to keep up with this rapid change. However, due to its past shortcomings in the electric vehicle market, Toyota has a long way to go. For example, of the 4,15 million vehicles sold worldwide in the first half of the year, only 0,19% were fully electric. This shows that Toyota is lagging behind in electric vehicle production.
New Generation Production Line
Toyota's next-generation production line includes the production of large aluminum parts, similar to Tesla's Giga Casting technology. This method can reduce costs by approximately 30 percent. It also makes production more efficient by accelerating mold changes and improving casting quality.
Labor Shortage and Productivity
Toyota is taking important steps to make electric vehicle production more efficient and reduce labor shortages. The company dramatically reduces mold changeover times and uses analysis technology to minimize the number of defective parts. It also tries to control production costs by reducing the need for conveyor equipment.
Modular Construction and Logistics Robots
Toyota increases work efficiency by introducing a three-piece modular structure consisting of the front, middle and rear parts of the vehicle. It also uses Vehicle Logistics Robot (VLR) to reduce labor shortage and improve transportation at the finished vehicle yard.
Race with Tesla
With these innovations, Toyota aims to increase its competitiveness in electric vehicle production. However, it will not be easy to keep up with the rapid innovations of leading brands such as Tesla. Tesla is on track to deliver 1,8 million electric vehicles this year. Toyota aims to sell 1,6 million electric vehicles in three years.
Toyota's new generation electric vehicle production line and advanced technologies are considered an important step to increase future competition.
