BMW, SGL Group to build carbon fiber parts in the U.S. for new EV

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.

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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)