BMW and SGL Group will invest $100 million to produce a carbon fiber manufacturing plant in Washington that will build parts for a new BMW electric-vehicle under its MegaCity vehicle project. The plant will begin ultra-lightweight carbon fiber reinforced plastics and will kick off production in the third-quarter of 2011.
The plant will employ about 80 workers.
The carbon fiber will be build exclusively for BMW’s first EV under a new sub-brand, whose name has yet to be revealed. BMW didn’t reveal any details about the electric-vehicle other than that it will arrive before 2015.
The new BMW MegaCity vehicle will be build under the company’s Project i unit.
-By: Omar Rana
Source: Automotive News (Subscription Required)