Toyota tackles Tesla trauma with radical EV production overhaul

Toyota is overhauling its EV production to catch up to Tesla.

The company will use mega casting, more robots, and new software to reduce manufacturing lead time, plant investment, and the number of production processes.

Toyota plans to invest $17 billion in EVs by 2030 and sell 3.5 million EVs per year.

Mega casting is a new technology that involves using a single mold to cast large parts of the vehicle's body.

This can significantly reduce the number of parts and assembly steps required.

Toyota is already using this technology in its Mirai fuel cell sedan, and it plans to use it in a number of upcoming EVs.

The use of more robots in the production process will help to improve accuracy and consistency.

It will also free up workers to focus on more complex tasks. Toyota is also investing in new software to help optimize the production process.

These changes are part of Toyota's broader effort to become a leader in the EV market.