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Exel Composites signs co-operation agreement with BMW

News International-French

20 Mar 2015

The automobile manufacturer has selected Exel Composites as a technology partner to develop next generation carbon fiber reinforced parts for passenger cars.

The world-renowned automobile manufacturer BMW has been investing in the development of lighter and more fuel-efficient vehicles for a number of years.

BMW is one of the first car-manufacturers using carbon fibre technologies for serial production in their i3 and i8 models. BMW has chosen Exel Composites, a leading supplier of lightweight and durable composite solutions, as a technology partner for the development of carbon fibre -reinforced parts for next generation passenger cars.

The co-operation agreement covers the development and delivery of complex carbon and carbon/glass hybrid profiles for automotive applications. The value of the agreement is not disclosed.

“We are extremely pleased to start co-operation with BMW. It is in line with our growth strategy to penetrate new applications and market segments”, says Mr. Kari Loukola, SVP Sales and Marketing of Exel Composites. “Exel Composites has a long and successful history in the development of innovative high-quality products for e.g. the transportation industry. I am confident that the co-operation will be beneficial to both parties.”

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