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Volvo joins Tesla, investing in Giga Press casting machines

By Michelle Froese | November 17, 2023

Idra Srl, a prominent player in the automotive manufacturing industry, announced a significant milestone in its journey toward innovation and sustainability. The company has been awarded a contract by Volvo Cars to install two 9,000 tons Giga Press machines at a greenfield site in Košice, Slovakia.

With a customer base that already includes Tesla, Ford, and Hyundai, Idra says its Giga Presses can assist the auto industry’s transition to electric and hybrid vehicles. According to the company, the state-of-the-art machines are set to revolutionize automotive manufacturing, positioning the brand’s new plant in Košice as a strategic hub for Giga casting.

The 9,000 tons Giga Press, among the largest die-casting machines in Europe, represents a remarkable leap forward in automotive manufacturing technology. This equipment will enable the production of complex and lightweight vehicle components with precision and efficiency, paving the way for enhanced vehicle (and EV) performance and safety.

Furthermore, this collaboration underscores a commitment to sustainability in European manufacturing. The GigaCasting process is inherently eco-friendly, reducing waste and energy consumption, and aligns with Volvo Cars’ dedication to sustainable practices. This project is a testament to the drive for innovation and the determination to minimize environmental impact in the automotive industry.

The cooperation between Idra and Volvo Cars, as well as the support of local stakeholders in Slovakia, has been key to the project’s progress. Together, they are forging the path to a more sustainable and technologically advanced future for European automotive manufacturing.

 

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Filed Under: Technology News
Tagged With: idra, volvo
 

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