Wednesday, June 06, 2012

Use of lightweight plastics in EVs to drive penetration rates and growth

With the electric vehicle (EV) production set to grow at a CAGR of over 80% 2017, plastics used in these vehicles will also see a tremendous growth. The need to increase EV mile range, paralleled by tthe inherent advantages of plastics, particularly that of lightweight – will drive penetration rates.

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