In the race to produce battery-electric cars (BEVs)

Volkswagen is under increasing pressure from Tesla and Chinese automakers

and its success might have far-reaching effects.

As businesses like BYD, Nio, and Tesla overtook Volkswagen in the Chinese

auto market during the epidemic, the number of EV and hybrid vehicles.

available on the market nearly doubled (source: Bloomberg).

by using massive presses with 6,000 to 9,000 tons of clamping pressure to mold.