BMW wants to invest in SGL Carbon Fiber as the two partner on new i3

BMW may be may want to invest Germany-based carbon fiber developer SGL Carbon, according to a report by Der Spiegel. SGL Carbon is BMW’s partner in a new U.S. manufacturing plant that will make carbon fiber body panels for the new i3 City Car.

While the $100 million BMW-SGL plant in Moses Lake, Washington won’t produce the carbon-fiber body panels, it will make the carbon fibers used in the panels from raw materials called acrylic polymer. That finished product will shipped to germany and processed into fabric sheets for the i3’s body panels.

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Here’s the interesting thing – Volkswagen Group currently holds an 8 percent stake in SGL. We’re pretty sure Volkswagen’s going to have some sort of an issue with this.

– By: Omar Rana

Source: AutoObserver