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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.

The company will switch over production lines for aircraft materials to make the stronger and more lightweight carbon fiber used in hydrogen tanks.

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