Teijin Automotive Technologies expands composites footprint in China to fulfill developing demand for EVs

On Feb. 14 Teijin Automotive Technologies (Tokyo, Japan), the brand name unifying five automotive materials organizations and the core business of Teijin Team’s automotive composites enterprise, introduced that it has started professional operation of a new 39,000-square-meter composites producing facility in the Wujin National Hello-Tech Industrial Zone primarily based in Changzhou, Jiangsu province, China. The business also introduced that it is constructing a third plant in China, based mostly in the Technological Progress Zone of the Tiexi District in Shenyang, Liaoning province, and will start functioning this plant, with 13,000 sq. meters of get the job done floor area, in the summer of 2023.

Teijin Automotive Technologies picked the Changzhou and Shenyang areas for its new vegetation since of their close proximity to the generation services of several main European, U.S. and Chinese automakers. Teijin thinks the two crops will assist meet up with the expanding demand from customers for composites factors, further amplified by way of the growth of the electric powered automobile (EV) market in China. The two plants will drastically increase the company’s ability to supply lightweight, protected, power-productive and durable composite elements, which are noted to be indispensable for environmentally friendly vehicles.

With the second plant’s startup and the third plant’s development, Teijin Automotive Systems is actively strengthening its position as a worldwide chief in automotive composite purposes. Concurrently, the business is establishing applications for superior composite supplies and procedures to assist its automotive customers’ troubles of accomplishing formidable bodyweight and CO₂ reduction targets, and reduced EV generation expenses. Teijin is targeting annual product sales of $2. billion for its automotive composite products and solutions business by 2030.

Teijin Automotive Technologies has been production automotive composites and glass fiber sheet molding compounds (GF-SMC) in China due to the fact 2015, primarily for EV battery handles, battery shields, underbody shields, structural interior panels and exterior body panels.