Robotics Could Help Automakers Slash EV Costs

Swedish-Swiss technology company Global Business Line Automotive Robotics ABB believes that advancements in robotics may be instrumental in slashing electric vehicle costs. With the exception of some Chinese models, most electric vehicles are undeniably expensive to manufacture and come with hefty price tags.

The average driver simply cannot afford to purchase an electric vehicle without significant financial aid. This has limited EV ownership to wealthy individuals and early adopters who typically opt for new technology regardless of price. With this early-adopter market fast drying up, automakers are scrambling to tap into the wider market through more affordable offerings.

Several governments have been supporting their respective EV industries through subsidies and tax incentives. However, these measures won’t be sustainable in the long-term. Ideally, a reduction in EV prices will require significant cuts in production costs. Electric vehicle batteries require expensive raw materials. Automakers also have to build new production plants for electric cars because their existing facilities aren’t equipped to produce electric cars.

The unpredictability surrounding EV sales volumes also compounds the risk involved in manufacturing electric cars. National policies requiring that EV makers work with local or regional suppliers also means that established carmakers have to rework their existing supply chains and source alternative suppliers to remain compliant with policy changes.

Robotics could help solve some of the numerous issues that are currently hindering widespread adoption, particularly by making EV production more flexible and efficient. For instance, “cobots” would facilitate better collaboration between human workers and robots. Human employee simply record a specific action, but the robot would emulate it, making it much easier to teach robots boring and repetitive tasks.

Vision AI-enabled Autonomous Mobile Robots (ARMS) could also leverage their ability to take information from their surroundings, adapt to the terrain, and move through dynamic and complex indoor and outdoor environments. Such robots would be ideal for transporting parts between production cells in a factory.

ABB managing director Joerg Reger says the company is focused on developing a “flexible automation concept.” He says ABB has already launched a new robot platform with a modular concept, increased payload of up to 350 kg and 22 variants. Reger explained that the robotics company can now use its AMRs to create standardized production cells and “automate the warehouse.” He added that the company has installed its robots for a large automotive company but did not provide further details.

With all automakers in the EV space looking for ways to cut their production costs and get an edge over their competitors, such as Rivian Automotive Inc. (NASDAQ: RIVN), robotics could be the deciding factor on which company commands the mass market for electric vehicles.

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