Huafu Securities issued a research report saying that the lightweight of automobiles is the general trend. As the mainstream material of lightweight, aluminum alloy has a relatively large comprehensive comparative advantage from the three perspectives of cost, weight reduction potential, and manufacturing process; the amount of aluminum used for pure electric vehicles is increasing. 40%. With the accelerated penetration of new energy vehicles, the amount of aluminum alloy will increase substantially. The integrated die-casting led by Tesla has been actively followed by the industry; integrated die-casting is expected to bring about a material revolution while triggering a technological revolution in the automobile manufacturing industry-80% of the base material of the die-casting process is aluminum alloy.
It is reported that Lijin Technology is the world’s largest manufacturer of die-casting machines. The company previously stated that orders for the next three months will be 1.8 billion Hong Kong dollars. In addition to Tesla, another major American OEM manufacturer that competes with Tesla will launch a hybrid electric vehicle-pickup. It is worth noting that this company is already interested in purchasing large-scale die-casting machine products from Lijin Technology.