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Materials

Toray boosts carbon fiber output for fuel cell vehicles by 50%

Industry leader shifts US and Japan factories from plane to auto materials

Hyundai Motor shows off a fuel cell SUV, with the vehicle's hydrogen tanks visible in the display.   © Reuters

TOKYO -- Japanese materials maker Toray Industries will ramp up production of carbon fiber for fuel cell vehicles in the U.S. and Japan by 50% this fiscal year, Nikkei has learned, pivoting to a field expected to see growth as demand from the aviation industry tumbles.

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