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One of the advantages of this method is its capability to save space and production time. Instead of the extensive traditional paint processes, Wong emphasizes the use of colored molded plastics that can bypass the need for paint altogether. This change is anticipated to cut production time for each vehicle significantly while providing substantial cost savings.
Material Efficiency and Cost Reduction
Wong suggests that employing sheet molding compounds for the vehicle’s body can save a considerable amount on production costs—potentially reducing vehicle costs by as much as $2,000 to $3,000 per unit. This method allows for the manufacture of various vehicle styles, ranging from hatchbacks to sedans, without a huge increase in manufacturing complexity.