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There's no one single breakthrough, but rather a combination of improvements that make this possible.

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Gordon Murray Designs' latest creation, the Teewave AR1, not only showcases the firm's engineering capabilities, but also illustrates the point where integrity, lightweighting and electric drive meet.

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Gordon Murray Designs' latest creation, the Teewave AR1, not only showcases the firm's engineering capabilities, but also illustrates the point where integrity, lightweighting and electric drive meet.

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Toray Industries, a multinational corporation headquartered in Japan that specializes in industrial fibers and textiles, has teamed up with world-renowned designer Gordon Murray to dream up the T-Wave AR1, a two-seat electric concept that showcases Toray's carbon fiber expertise.

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Toray Industries, a multinational corporation headquartered in Japan that specializes in industrial fibers and textiles, has teamed with world-renowned designer Gordon Murray to dream up the T-Wave AR1, a two-seat electric concept that showcases Toray's carbon fiber expertise.

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German-based Daimler AG and Japan's Toray Industries have joined forces to manufacture carbon fiber reinforced plastics (CFRP) for the automotive industry. Though the name of the joint venture has yet to be determined, Toray's stake will stand at 50.1 percent, Daimler's at 44.9, and other unnamed partners will hold a five-percent share.

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Toray Industries, a leading producer of carbon fiber material, will begin supplying both Toyota and Fuji Heavy Industries (parent company of Subaru) with the lightweight product for use on upcoming vehicles. Toyota will reportedly use the carbon fiber to produce hoods and roofs for the Lexus LFA, a limited production sports car, and Fuji Heavy will offer optional carbon fiber roofs on several of Subaru's sportier offerings.

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Japan's Toray Industries Inc says it will be the first company to mass produce carbon fiber auto parts. Toray will invest 20 billion yen ($170 million) into new carbon fiber car parts, targeting chassis and car bodies. Toray will build a research center next year and start auto parts production in 2010. Toray expects its sales of auto parts (including non-carbon fiber ones) to grow from 124 billion yen this year to 350 billion yen in the year 2016.

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