September is going to be a thrilling month for us at In Mind Cloud; in addition to us preparing for a very special launch (see some of our teaser posts for an idea), we’re going to be holding (and attending) a large number of exciting events!
So, before we get to September, let’s look at the top stories about Industry 4.0 you should know from this month. It’s an automotive-heavy version, as we look at news that have affected car makers around the world:
Tesla Tries To Crack China
One of the biggest news of August was the announcement of Tesla’s plans to build a Gigafactory in Shanghai. As per Reuters, the first factory outside of the United States would aim to “produce the first cars about two years after construction begins on its Shanghai factory, ramping up to as many as 500,000 vehicles a year about two to three years later”.
Tesla has been publicly struggling with meeting production needs for the Model 3 Sedan, and this proposed factory would require $5 billion in funds to be able to produce that many cars. While the idea of cracking the Chinese Domestic Market through a local factory isn’t new, it is interesting that the Shanghai government has offered to help with some of the capital costs to make this a reality.
It remains to be seen if Tesla will be able to crack the competitive Chinese electric car market using this strategy.
McKinsey Releases 2030 Projections for Automotive Aftermarket
One thing that we’ll know about the automotive industry: as with other industries in manufacturing, it will be in flux soon. As per a new report “Ready for inspection: The automotive aftermarket in 2030”, released by McKinsey, the automotive market will be subject to a large number of trends that have also affected other aspects of the production process.
From the increase in customer expectation to the emergence of next-generation vehicles, which will lead to shifts in power players, the automotive aftermarket will be impacted: after all, we’ve seen how shifts in lithium-ion supply can lead to a complete disruption of prior supply chain processes.
To take advantage of these changes instead of being left behind, McKinsey has a number of suggestions for manufacturers throughout the supply chain, from OEMs to Suppliers to Parts Distributors. Read the full report here.
The First 3-D Printed Metal Component Comes Courtesy of BMW
A roof bracket, 3- D printed and 44% lighter than a conventionally-manufactured product, has been mass produced for the 2018 BMW i8 Roadster, making it the first 3-D printed and mass produced metal component. Created and designed by Maximilian Meixlsperger, the head of metal additive manufacturing at BMW, the roof bracket was 10 years in the making.
The idea was conceived years ago, but it was never deemed feasible for production due to the need for extra steps in the production process that would make conventional production too costly. Now, as per Industry Week, “they can print one batch at a time for mass production, they can print more than 600 of these brackets in one batch.”