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Sales of electric vehicles are growing steadily among both consumers and business users, rising about forty per cent annually.
A significant result of this change in automobile tastes is a rise in demand for precision stamped components. Lightweight EV structures benefit from the light, accurate, and almost identical components produced by stamping methods.
Metal stamping manufacturing procedures have long been used by manufacturers to create vehicle parts.
Not only does stamping still play a role in the creation of conventional gas and diesel-powered cars, but it is also capable of creating the intricate, lightweight components needed for electric cars.
For example, batteries need carefully engineered and built components that can consistently supply the ideal power levels for optimum vehicle performance.
Precision stamping techniques are used to manufacture some of the most important EV components.
The Saudi Arabia EV Stamping Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
The market for electric vehicles is always developing with new innovations for the automobile industry as it focuses on giving drivers better fuel economy and reducing carbon emissions to minimize environmental pollution.
Wiegel provides the high-quality metal stamping parts that these cutting-edge technologies need to enable their latest developments.
providing OEM and tier manufacturers with metal stampings such as electrical contacts, connectors, busbars, terminals, fasteners, press-fin pins, shields and other precision parts with tight tolerances, and distinctive design features, and special pre- and post-application has been the company’s focus for more than 80 years.
Working with Wiegel involves collaborating with professionals that can quickly transition metal stampings for electric vehicles to high-volume, high-quality manufacturing while also supporting our clients as they navigate the complex prototype and feasibility phases.