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BMW and SGL to triple production capacity at Moses Lake carbon fiber plant with $200M expansion; world’s largest carbon fiber plant

Green Car Congress

A production line for carbon fiber takes the PAN precursor through two stages (stabilization/oxidation and carbonization) and then to winding. SGL and BMW made the announcement at the groundbreaking ceremony for the planned site expansion. 3,000 tons of carbon fiber. Source: SGLACF. Click to enlarge.

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Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., The company has two manufacturing locations in Portugal serving a variety of European OEM customers including Jaguar, Land Rover, BMW, Mercedes, Volkswagen and Bentley. the Teijin Group’s holding company in the Netherlands. billion ($2 billion) by 2030.

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ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

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Asia-Pacific will exhibit the strongest growth, driven by mounting pollution issues in its many megacities; however, true mass-market uptake will only start happening in the next decade. According to ABI Research, the number of full electric vehicles (EVs) shipping yearly worldwide will increase from 150,000 in 2013 to 2.36

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