4 Opportunities and Challenges for Injection Mold Industry with the Emergence of New Energy Vehicles
The development of new energy vehicles (NEVs) presents opportunities and challenges for injection molding. NEVs require lightweight and high-precision plastic parts, driving innovation in injection molding processes. However, making injection molds for NEVs is costlier and technically demanding, and the market demand is uncertain. Injection mold makers need to innovate, collaborate, and diversify to succeed in this market and contribute to sustainable mobility.