All of you folks know that carbon fiber is the best thing that ever happened to the automotive industry but you also know that it is quite expensive. Still, things are going to get better as BMW-backed MAI Carbon Cluster Management, a research effort supported by Germany’s federal government, businesses and research institutions, announced that it is making progress in order to reduce carbon fiber production costs.
What’s more interesting is that production costs could drop by 90 percent according to Klaus Dreschler, head of the project. BMW is not the only manufacturer to back the project, as Audi is also among the 70 companies backing MAI.
BMW is already using carbon fiber on its i3 and i8 vehicles, but it could also use it on the 7-Series sedan to cut weight. Currently, carbon fiber costs around $20 per kilogram in its raw form but most of the car manufacturers prefer to use steel, which costs less than $1 per kg. [source: automotive news - sub. required]