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The rise of BYD and other Chinese automakers led Tesla CEO Elon Musk in January to warn that Chinese automakers will "demolish" global rivals without trade barriers. Caresoft, an engineering benchmarking and consulting firm, has already torn down one China-built BYD Seagull and is preparing to do another. Michael Wayland / CNBCThe consulting firm tore apart the BYD Seagull piece by piece to benchmark the small EV against vehicles from other startups and traditional automakers. Its initial study of the BYD Seagull found it to be efficiently and simplistically designed, engineered and executed, but with unexpected quality and anticipated reliability. Growing concernsBYD's rise comes at a precarious time for global auto industry dynamics.
Persons: It's, Terry Woychowski, Warren Buffett, , BYD, Tesla, Elon Musk, Caresoft Bernstein, Nissan, Michael Wayland, Caresoft, simplistically, Woychowski, Mathew Vachaparampil, CNBC BYD, Stellantis —, Donald Trump, Zach Gibson, Jennifer Granholm, Republican Sen, Marco Rubio, Trump, , GM Dong, Tang, Marin Gjaja, Gjaja, Ford, you've, Evelyn Cheng, Dylan Butts Organizations: Shanghai International Automobile Industry, National Exhibition, Convention Center, Visual China, Getty, U.S, General Motors, Caresoft, Alliance for American Manufacturing, Overseas, Chevrolet, Nissan Leaf, Bolt, Chicago Federal Reserve, BYD, CNBC, Cox Automotive, Seagull, Tesla, Toyota Motor, Nissan Motor, Honda Motor, Hyundai, Kia, — GM, Ford, Chrysler, U.S ., Washington , D.C, Bloomberg, Republican, North American Free Trade, Republicans, Buick, SAIC, GM, GM Dong Yue Motors Co, Detroit Locations: Shanghai, LIVONIA, Mich, , China, Europe, Latin America, Detroit, Texas, Germany, Japan, U.S, Livonia , Michigan, America, XPENG, Mexico, Thailand, Brazil, Indonesia, Hungary, Uzbekistan, ., Washington ,, United States, Marco Rubio of Florida, Yantai, Shandong Province
Another said the whole design process for a large metal mold would typically cost about $4 million. To overcome the obstacles, Tesla turned to firms that make test molds out of industrial sand with 3D printers. To cast subframes with hollows as part of one gigacasting, Tesla plans to place solid sand cores printed by the binder jets within the overall mold. But despite that greater flexibility achieved in both the design process and the complexity of the large frames, there was still one more major hurdle to clear. And once Tesla is happy with the prototype mold, it can then invest in a final metal one for mass production.
Persons: Norihiko Shirouzu, Tesla, Elon Musk, Musk, Terry Woychowski, Woychowski, Tesla's, David Clarke Organizations: Caresoft, U.S, GM, Reuters Locations: Norihiko Shirouzu AUSTIN , Texas, Britain, Germany, Japan, United States
Another said the whole design process for a large metal mold would typically cost about $4 million. To overcome the obstacles, Tesla turned to firms that make test molds out of industrial sand with 3D printers. To cast subframes with hollows as part of one gigacasting, Tesla plans to place solid sand cores printed by the binder jets within the overall mold. But despite that greater flexibility achieved in both the design process and the complexity of the large frames, there was still one more major hurdle to clear. And once Tesla is happy with the prototype mold, it can then invest in a final metal one for mass production.
Persons: Elon Musk, Tesla, Musk, Terry Woychowski, Woychowski, Tesla's, David Clarke Organizations: Caresoft, U.S, GM, Reuters, Thomson Locations: AUSTIN, Texas, Britain, Germany, Japan, United States
[1/6] Tundra trucks and Sequoia SUV's exit the assembly line as finished products at Toyota's truck plant in San Antonio, Texas, U.S. April 17, 2023. TOYOTA'S PAST SUCCESSWashington's push to accelerate the shift to battery-electric vehicles amplifies the threat posed by Tesla to Toyota's position as the world's largest automaker. Toyota San Antonio has weathered a series of challenges since it built its first truck in 2006. The future for factories like Toyota San Antonio will play out across the next several years. Reporting by Norihiko Shirouzu in San Antonio, Texas, Joseph White in Detroit and David Shepardson in Washington Written by Joseph White Editing by Ben Klayman and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
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