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Gigacasting is a process that allows vehicle manufacturers to cast large parts in a single piece.

Giga presses are basically high-pressure die-casting machines and are primarily designed and manufactured by the Italian company Idra Group.

Tesla

The yield is approximately 45 gigacastings per hour (or ~1000 per day).

In addition, the company is reportedly working on gigacasting underbody structures for next-gen cars.

Obviously, Gigacasting makes this new manufacturing approach a lot more practical.

Gigacasting

Why will gigacasting upend the car industry?

Gigacasting also reduces weight and increases crash safety.

But what about repairability?

Gigacasting

Its true that gigacastings are almost impossible to repair.

But is that a problem?

Short-term, yes, but long-term, absolutely not.

Its true that gigacastings are almost impossible to repair.

But is that a problem?

Short-term, yes, but long-term, absolutely not.

You just need to think beyond how insurance companies, body shops, and vehicle recycling/refurbishing currently operate.

While lack of parts and training were an obstacle initially, thats no longer the case.

Like dealerships, body shops seem unwilling to evolve and adapt.

Since replacing gigacastings isnt cost effective, damaged vehicles can be recycled instead.

But what happens to the cost of insurance with gigacasting?

In a post-EV world, car ownership makes little sense.

Leases/subscriptions are obviously the way to go.

This gives carmakers more control over what happens to a vehicle that needs repair.

Car manufacturers might even get involved in the recycling/refurbishing process.

Insurance companies like dealerships arent a part of this future.

What gigacasting means for you

So whats the takeaway here?

Basically, just look at todays Tesla Model Y, which keeps dropping in price.

In the next year or two, its likely that your next EV will become a lot more affordable.

It will also be more difficult to repair after a collision.

Frankly, thats a win in my book.

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