ICIS White Paper: Electric Vehicles Could Cause Carbon Fibre Growth Explosion By 2030

On 10 October the Bundesrat, the German federal council, passed a resolution calling for an EU-wide ban on combustion engine cars by 2030. The resolution is non-binding. Nevertheless, it is a strong signal of intent that they believe the future of the automobiles is electric vehicles (EVs) and hydrogen-fuel cells.

With multiple announcements from various European automobile manufacturers on the development of new electric vehicle models in the wake of the VW emissions scandal, it is clear that non-petrol and diesel models are increasing their public profile and political agency.

In this white paper we discuss the potential for a rapid expansion in carbon fibre growth, and the wider plastic growth opportunities this will create.

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