Shapeways Holdings, a prominent player in the digital manufacturing industry, has announced substantial growth in its multi-million-dollar automotive sector, particularly in the electric vehicle (EV) segment. The company's Enterprise Manufacturing Solutions division has secured a contract valued at over a quarter of a million dollars, reinforcing Shapeways' commitment to the EV and automotive industries.
According to MarketsandMarkets Research, the electric vehicle market is projected to reach $951.9 billion by 2030, with significant growth in the commercial EV sector.
The growth and expansion are taking place within the automotive and electric vehicle sectors on a global scale. Shapeways has secured a contract worth over $250,000, highlighting its continued expansion in the automotive and EV industries. It is focused on manufacturing high-performance parts for electric vehicles, aligning with the industry's shift toward sustainability. The company’s Enterprise Manufacturing Solutions division specializes in providing advanced manufacturing solutions to various industries, including automotive. The company's recent contract underscores its dedication to supporting sustainable transportation by manufacturing critical components for commercial, large-scale electric delivery vehicles.
GM of Enterprise Manufacturing Solutions at Shapeways, Aidan O’Sullivan, remarked,
“We share our clients' vision for the production of quality, high-performance parts, and this commitment becomes more visible in our growing portfolio within the EV sector.”
[Source: GlobeNewswire]
Shapeways is capitalizing on the growing demand for electric vehicles and aims to play a vital role in manufacturing essential components for this burgeoning market. The company's expertise in enterprise-level manufacturing and advanced technologies positions it as a key player in the automotive, medical, robotics, and other sectors. The electric vehicle market is experiencing rapid growth, and Shapeways is actively contributing to this industry by manufacturing critical parts for electric delivery vehicles.
Sales Director, Automotive Vertical at Shapeways, John Tenbusch, remarked,
“This new contract underscores our dedication to advancing sustainable transportation. Through partnerships with key industry leaders, we're ensuring, our technological capabilities translate to real-world impact."
[Source: GlobeNewswire]
About Shapeways
Shapeways is a global leader in digital manufacturing, where it seamlessly merges additive and traditional technologies with proprietary software solutions tailored for manufacturers and their clientele. This strategic approach serves to reduce costs and enhance supply chain efficiency. Collaborating with a multitude of companies involved in industrial sectors such as automotive, medical, transportation, aerospace, and defense, Shapeways assists in expanding their operations tackling intricate product development challenges.