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Carbonfibre deal for BMW
30 October 2009
BMW has joined forces with carbonfibre specialist SGL Group to produce lightweight parts for its new MegaCity electric vehicle.
MegaCity will take on Daimler's struggling Smart division with a range of affordable urban vehicles, in both two- and four-wheeled forms.
Two plants will be built in North America and Germany to manufacture carbonfibre parts on a “large scale” for the first time.
"We will enter into a new dimension in the use of carbon-fiber reinforced plastics, both in terms of volume per car and in vehicle numbers," a BMW spokesman said.
The companies are said to be investing 230million euros (£305million) in total.
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