Manufacturing automation specialist Festo says it is “investing heavily” in automating the production of batteries for electric vehicles.
Festo says the trend towards electrification has led the company to pour in almost three-quarters of all its investment money into electrification initiatives.
Basically, there are many “gigafactories” and other types of battery manufacturing facilities being planned and built – and Festo is involved in developing manufacturing systems for a good number of them. [Read more…] about Festo ‘investing heavily’ in automating electric vehicle battery production