Neta, LK Technology to jointly develop ‘world’s largest’ die-casting machine ...Middle East

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Neta, LK Technology to jointly develop ‘world’s largest’ die-casting machine
Neta and LK Technology will jointly develop a die-casting machine in the 20,000-ton class, which is expected to reduce the manufacturing time of vehicle chassis from 1-2 hours to 1-2 minutes. (A large die-casting machine displayed on LK Technology’s website.) The arms race in China’s electric vehicle (EV) industry is spilling over into large-scale die-casting machines. 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 t

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