USSTOCK.TODAY
Market Closed
Log in Sign up

3D Printing Adoption in the Automotive Industry: Cost Reduction and Production Speed Improvement

CNBC · ·by G4L

SSYS
SSYS Stratasys Ltd
$5.81 -11.16%
View chart & analysis →
  1. 1Rivian recorded $5 million in spending on 3D printing equipment.
  2. 2Ford expects more than 23 plants to have 3D labs deployed by the end of this year.
  3. 3GM uses 135 3D-printed parts for the customized Cadillac Celestiq.

So what's the key point?

Car companies are using 3D printing technology to manufacture parts. Rivian spent $5 million on this equipment, and Ford and GM are also utilizing the technology.

Source CNBC · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →