The electric vehicle market continues to grow at breakneck speed. Electric vehicle (EV) sales topped $90 billion in 2018. That figure is expected to increase by 13% in 2019. By 2025, industry analysts expect EV sales to reach $420 billion.
If you’re an EV manufacturer, you have a substantial opportunity to grow your business over the next decade. However, to do so, you’ll need to stay one step ahead of your competitors. There are hundreds of EV component manufacturers fighting for investor dollars and competing to have their parts in the latest and greatest vehicles.
How do you stay ahead of the competition and win the battle for customers and investors? One way is through superior design and cost-efficiency. If you have a need for manufactured plastic EV parts, like battery module containment insulators, you can achieve both of those goals with a process called thermoforming.
Thermoforming is a manufacturing process that uses a mold to produce high-quality plastic parts. It’s an increasingly popular alternative to injection molding, which has long been the production standard. However, thermoforming could be a more effective option, and Deufol is one of the most experienced EV components manufacturers in the industry.
The primary difference between thermoforming and injection molding lies in the way the mold is created and used. With injection molding, the creation of the mold is often the costliest part of the process. It requires a significant lead time and upfront investment to produce the mold.
With thermoforming, the mold is important, but the process needed to design the mold isn’t time-consuming or cost-prohibitive. A mold can be created quickly and affordably. That means you can easily make changes to the design. You can use trial-and-error to perfect your product without having to invest in a costly new mold for every iteration and modify the molds according to fitment or stack up issues you may encounter with your new components.
Also, thermoforming can be used with a wide range of materials and can be used to produce parts with varying levels of thickness. That flexibility allows you to create high-quality EV components with long-lasting durability.
Of course, the only way to realize these advantages from thermoforming is to partner with a company who has extensive thermoforming experience in the EV industry. Deufol has worked with many of the top EV manufacturers and produced hundreds of plastic EV components, such as battery module containment insulators. That experience has given us insight into the most efficient and effective ways to produce EV components. We have had no failures on this part whatsoever. Not even one! That experience equals hundreds of thousands of cars and millions of driven miles.
Deufol's vast thermoforming experience has given us insight into the most efficient and effective ways to produce EV components.
Our experience has also helped us develop strong relationships with material suppliers. That means we’re able to source the most efficient, flexible, durable, and cost-effective materials for your needs. We can help you find the right material to give you a sustainable advantage over your competition.
Thermoforming is a powerful, effective production process, but only if you have the right partner. Look for a company who understands the EV industry and who has the experience and insight needed to take your products to the next level.
Ready to discuss thermoforming and how it can benefit your company? Let’s talk about it. We look forward to helping you design and produce a competitive, successful EV components. Let’s connect soon and start the conversation.