In an innovative stride, UK-based start-up Helixx announced on Monday its plan to use Siemens鈥 open digital platform. The aim? To create a unique, highly automated 鈥榝actory in a box鈥 that can be assembled anywhere to produce smaller, low-cost electric vehicles (EVs). These EVs are primarily targeted towards large Asian cities.
鈥楩actory in a Box鈥: An Industry First
The 鈥榝actory in a box鈥 concept has already won favour in the pharmaceutical sector, which leveraged it to overcome supply chain disruptions during the COVID-19 pandemic. Now, the auto industry is gearing up for its first adoption of the method, led by Helixx and Siemens.
More from News
- Russia鈥檚 Latest Move Against Pavel Durov Shows That Telegram Is No Longer Just A Messaging App
- Experts React To The UK鈥檚 Decision To Make Tech Subjects Compulsory In Schools
- Microsoft Has Confirmed Copilot鈥檚 Super App Will Launch Soon 鈥 But What Is It For?
- G2A.COM鈥檚 Autonomous AI Agent Dave Helps Sellers Resolve 14,400 Support Tickets In 63 Days
- Why One MedTech Company Chose a Computer Graphics Conference To Launch Its Next AI Platform
- 75% Of CEOs Don鈥檛 Think Marketing Drives Growth 鈥 What Are They Missing?
- OpenAI Will Soon Release Its First Tech Gadgets 鈥 Here鈥檚 What To Expect
- Can Elon Musk鈥檚 New X Money Platform Rival PayPal?
Using Siemens Xcelerator鈥檚 鈥榙igital twin鈥 technology, Helixx will design the factory and map out supply chain necessities. The collaboration between these two firms marks a new era of automobile manufacturing.
A White-Label Solution for EV Production
Helixx CEO, Steve Pegg, revealed to Reuters that the company has plans to introduce a 鈥渨hite label鈥 licensed factory model. It will provide a platform for both existing carmakers and new entrants to build EVs under their own brands.
While a few EV start-ups have opted for contract manufacturers, akin to Fisker鈥檚 alliance with Magna and Foxconn, the concept of offering a factory and 鈥渨hite label鈥 EV designs to clients stands as a fresh proposition in the market.
Pegg drew a parallel to the global fast-food giant, stating, 鈥淲e have reimagined the way the vehicles go together so you can get a factory producing vehicles anywhere in the world, just like a McDonald鈥檚 franchise.鈥
Four Models for a Diverse Market
Helixx announced that its novel factory model would initially roll out four EV models: a delivery van, a pickup truck, a 鈥淭uk鈥 (a four-wheeled adaptation of a motorised rickshaw), and a passenger van. These models cater predominantly to the needs of bustling Asian cities.
Helixx plans to manufacture its first 200 prototypes in the UK by 2024. By 2025, the start-up aims to produce 10,000 EVs annually at pilot facilities in Britain and Singapore.
To date, Helixx has secured around 拢1 million ($1.3 million [approx. 拢980,000]) in funding. Pegg estimates that constructing its prototype fleet will necessitate an additional investment of about 拢3 million ($3.9 million [approx. 拢2.94 million]). This start-up鈥檚 ambitious endeavour holds the potential to revolutionise the EV market, making sustainable transport more accessible on a global scale.
