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Electric cars create a greater need for specialized materials and/or thicknesses that manufacturers may not be familiar with, which is common in the custom metal stamping industry.
Demand for electric and autonomous vehicles is rising quickly, and experts believe this trend will continue in the years to come.
For many years, the automobile industry has been the main customer base for stamping producers, therefore the demand for conventional vehicle parts will coexist with new market opportunities presented by the electric vehicle revolution.
While many stamping requirements will stay constant, manufacturers will have unique metal stamping options as a result of electric vehicles’ reliance on batteries rather than the conventional internal combustion engine concept.
A rechargeable battery pack, which consists of numerous tiny batteries and numerous battery cells, powers electric cars. To avoid overheating, this pack is housed in a rectangular unit with a thermal design. This equipment is made utilising metal stamping, and the charging box, battery housings, and battery assemblies are all stamped materials.
A new collection dubbed Nissan Electric Vehicle History is now available due to the company’s collaboration with Nissan. That history goes back much further than the much-discussed upcoming all-electric Nissan Leaf.
If collectors want any of the new designs, they should think about getting on a plane and heading to Japan right away. Only a small number of ten-stamp sheets will reportedly be sold only at Japanese post offices.
The Japan EV Stamping Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.