Mitsubishi Chemical develops low-cost new carbon fiber composite

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The company aims to get the new material included in 10 vehicles by 2020

Mitsubishi Chemical Holdings has developed a new low-cost carbon fiber composite which has the potential to enter automotive mass market in the coming years, according to a report in Nikkei Asian Review on 26 May. The report suggests that the newly developed composite can cost almost half as compared to existing materials used for making automotive components.

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