"Our joint development with Teijin is driving product innovation for mobility markets," says Julian Broadbent, CEO of Applied EV. "Teijin's materials and technology allow us to achieve mass, energy efficiency and cost results that cannot be achieved using more traditional methods. Using GF-SMC for this critical component provided a great deal of design and engineering freedom, which fundamentally changed our manufacturing method and capital cost, allowing us to be more competitive. It also creates a more energy-efficient and sustainable transport solution."