All articles tagged with #manufacturing innovation
British company Fyous has developed the PolyMorphic Mold, a reconfigurable, pin-based system that allows molds to be quickly reset into any shape, reducing time, cost, and storage needs in manufacturing processes like vacuum forming and casting. The mold can handle high pressure and is claimed to be infinitely reusable, offering a versatile solution for various molding applications.
Ford is investing $5 billion in a new family of electric vehicles, including a versatile medium-sized pickup truck, to stay competitive amid rising global EV competition, Chinese imports, and industry affordability challenges. The company is also redesigning its manufacturing process to improve efficiency and reduce costs, though this involves job reductions. Ford's strategic shift aims to ensure profitability and sustainability in the evolving automotive landscape.
Ford is investing $2 billion to overhaul its Louisville Assembly Plant with a new, innovative 'universal production system' for affordable EVs, including a mid-sized pickup, by replacing traditional assembly lines with a three-branched system that reduces parts, speeds up production, and involves fewer workers, aiming to compete with Chinese EV manufacturers and adapt to industry changes.
Ford has announced a breakthrough in producing low-cost electric vehicles by developing a new universal platform and innovative manufacturing process, including a modular 'assembly tree' and cheaper lithium iron phosphate batteries, aiming to make EVs more affordable and efficient, starting with a $30,000 midsized truck in 2027.