Below is the reply I have just received from the CEO, about the announcement on Marketwatch last night.
"This is excellent news. It follows the success of the launch of the I3, the first high series car using lots of carbon, by BMW in November where they sold 10,000 of this new model in a week for an annual capacity of 30,000 cars a year. They decided to double their production capacity and hence the further investment in their JV in carbon fibre they have with SGL.
They use another technology than ours with a lot of difficulties. This will trigger other brands to go carbon and will multiply the competition in the sector, opening a lot of opportunities for us as we believe we have a cheaper more efficient technology as what BMW uses now.
Best regards
Philippe Odouard
Chief Executive Officer
Quickstep Holdings Ltd
361 Milperra Road, Bankstown Airport, NSW, 2200"
Below is the reply I have just received from the CEO, about the...
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