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Neta and LK Technology to Jointly Develop World's Largest' Die Casting Machi-压铸展-铸造展-The 24th China(Guangzhou) Int’l Die casting Foundry & Industrial Furnace Exhibition
1/8/2024 Die-casting expo-foundry expo |
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Neta, a brand of Hozon Auto, announced today that it signed a strategic cooperation agreement with Hong Kong-listed integrated die-casting machine maker LK Technology on December 15 to jointly develop die-casting equipment in the 20,000-ton class.
The equipment will be the most powerful in the field globally, surpassing the 12,000-ton die-casting machine currently used by Xpeng (NYSE: XPEV), the 9,000-ton die-casting machine used by Tesla (NASDAQ: TSLA) and Aito, and the 7,200-ton die casting machine used by Zeekr, Neta said.
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