CARBON REVOLUTION ANNOUNCES NEW OEM CUSTOMER, ENTRY INTO SUV MARKET

Carbon Revolution, already renowned for manufacturing lightweight carbon fibre wheels used on some of the world’s premier street cars, has posted another success with a deal that sees it enter the SUV market.

The Geelong-based company has signed a contract to supply one-piece carbon fibre wheels specifically designed for an SUV of a global automotive company (which cannot be named due to commercial confidentiality until release of the vehicle).

Carbon Revolution CEO Jake Dingle said the deal was significant for a number of reasons.

“This is a new customer for Carbon Revolution, meaning we now have five globally-recognised automotive manufacturers who have placed faith in our product.

“SUVs represent a very important new segment of the market for Carbon Revolution, broadening our horizons as we build the business. We have been working on applications for this segment for a number of years leading up to this award, so this is a very important milestone for the team.

“The new contract proves the flexibility of our technology and engineering expertise, demonstrating its versatility to improve the performance and efficiency of SUV’s and truck platforms,” Mr Dingle said.

In August, the company received a Commonwealth Government grant to design carbon fibre wheels for the Australian Defence Force.

“Carbon Revolution already has significant existing supply programmes in production with Ferrari, Ford, Renault and further programmes yet to commence production with another global OEM and our wheels have been recognised as contributing to five new lap records set at the Nürburgring this year in different vehicle classes.

“With this new programme we now have nine OEM programmes and are seeing manufacturing efficiency and precision benefits from the recent process and equipment upgrades at our Waurn Ponds factory. We continue to look at additional opportunities for our market-leading carbon fibre wheels and invest in research and development.

“This contract is a fantastic recognition of the expertise and commitment of our team. We are continually looking to innovate and advance our technology and products,” Mr Dingle said.

ABOUT CARBON REVOLUTION

Carbon Revolution is an Australian company, which has successfully innovated, commercialised and industrialised the supply of carbon fibre wheels to the global automotive industry. The founders of the company have progressed from single prototypes to designing and manufacturing high-performing wheels for some of the fastest cars and most prestigious brands in the world. Carbon Revolution continues to innovate and supply its lightweight wheel technology to automotive manufacturers around the world.

Performance is everything. Efficiency is everything else.

For more information, visit carbonrev.com

MEDIA CONTACT

Jake Dingle, Carbon Revolution +613 5244 5987

John Fergusson, Daymark, +613 407 826 952