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The news comes as global automotive media praises Carbon Revolution’s Range Rover Sport SV carbon fiber wheels.
Geelong, Australia, February 28, 2024 (Globe Newswire) — Carbon Revolution plc (NASDAQ: CREV), a Tier 1 OEM supplier and the world’s leading manufacturer of lightweight advanced technology automotive carbon fiber wheels, Today, half of the 2025 Range Rover Sport SVs sold in the U.S. are now equipped with Carbon Revolution carbon fiber wheels as an option.
This represents a significant uptake of Carbon Revolution’s world-first 23-inch carbon fiber wheels and demonstrates strong consumer preference for the company’s innovative lightweight technology.
as Road & Track Mike Duff writes that half of the Edition One Range Rover Sport SVs sold in North America are equipped with Carbon Revolution wheels.
talk to car throttle “We’re building carbon wheels as fast as we can,” JLR SV brand directors Matt Robinson and Jamal Hamedi said, adding that demand for Carbon Revolution wheels was “off the charts.”
Matt Becker, director of vehicle engineering at JLR, also agreed to an interview. car throttle We explained the benefits of Carbon Revolution’s 23-inch wheels: “Carbon is the best option.”
Carbon Revolution is responding to these extraordinary levels of demand with key production milestones, including a significant increase in throughput as measured by wheels boxed for shipment, resulting in CY2023 fourth quarter growth compared to the same period last year. It more than tripled in the quarter.
A world first, Carbon Revolution’s bespoke 23-inch carbon fiber wheels are the first time a Jaguar Land Rover (JLR) product has utilized the company’s innovative wheel technology.
Compared to the standard alloy wheels fitted to the Range Rover Sport SV, Carbon Revolution’s innovative one-piece wheels save a significant 8.9 kg (19.6 lb) per corner. This corresponds to a 41% reduction in unsprung rotating mass.
These impressive numbers don’t just speak for themselves. The automotive industry is also talking about how Carbon Revolution wheels improve the dynamics, NVH (noise, vibration, harshness) and performance of the Range Rover Sport SV.
evo Editor-in-chief Stuart Gallagher found the Range Rover Sport SV’s ride and handling to be noticeably improved.
“23-inch carbon wheels and carbon ceramic reduce weight by more than 70kg. [more than 150 lbs] “Even on rough roads, where you have a lot of unsprung mass and have to be prepared for the shakes and shivers of the terrain in front of you, the SV is much more composed than I expected,” Gallagher wrote.
The Drive Jerry Perez echoed Gallagher’s comments about the SV’s improved ride quality and NVH, calling the Carbon Revolutions wheels “amazing.”
“Despite the huge carbon wheels and 285 section Michelin Pilot Sport all-season [tires]No tire drones, no hollow thuds when going over potholes, no nasty gremlins of all kinds,” Perez wrote.
As Carbon Revolution CTO and Founder Dr. Ashley Denmead explained, the company’s proprietary carbon fiber wheels significantly reduce NVH compared to aluminum wheels.
“Due to their metal composition, aluminum wheels ring like bells and transmit a lot of road noise into the cabin. Conversely, our wheels are significantly lighter and stiffer, and because they are carbon fiber, they have better acoustic properties. It’s much lower,” Dr. Denmeade said.
The success of our 23-inch wheels on the Range Rover Sport SV follows the news that one of the world’s greatest automotive executives, Robert A. (Bob) Lutz, has been appointed Chairman of the Board of Carbon Revolution .
Commenting on the appointment, CEO Jake Dingle said: “We are proud to announce that Bob Lutz has been appointed Chairman of the Board of Carbon Revolution.Bob’s experience and leadership in the automotive industry is unparalleled, and he is a leader in carbon fiber automotive wheel manufacturing. We are excited to work closely with him on this exciting new chapter as a global leader.”
About Carbon Revolution plc
Carbon Revolution plc (Nasdaq: CREV) is the parent company of Carbon Revolution Limited, an Australian technology company successfully innovating, commercializing and industrializing advanced manufacturing of carbon fiber wheels for the global automotive industry. The company has evolved from a single prototype to designing and manufacturing lightweight wheels for passenger cars and SUVs in the high-performance, premium and luxury segments for some of the world’s most famous automotive brands. Carbon Revolution is creating a significant and sustainable advanced technology business that supplies lightweight wheel technology to automakers around the world.
For more information, visit carbonrev.com.
Forward-looking statements
All statements other than statements of historical fact contained in this communication are forward-looking statements. Forward-looking statements generally include words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” or “will.” may be identified by the use of words such as ‘should’. “will”, “plan”, “predict”, “anticipate”, “anticipate”, “could”, “seem”, “seek”, “future”, “outlook”, ” “target” or other similar expressions (or negative versions of such words or expressions that predict or suggest future events or trends or that are not statements of historical matter. These forward-looking statements including, but not limited to, statements regarding future financial performance, business strategy, financing and expectations for our business. These statements may or may not be identified in this communication. However, they are based on various assumptions and the current expectations of Carbon Revolution’s management and are not predictive of actual performance. These forward-looking statements are provided for illustrative purposes only. is not intended to serve as a guarantee, guarantee, prediction, or conclusive statement of fact or probability, and should not be relied upon by investors. Actual events and circumstances may be difficult to predict or It is not possible and may differ from such assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of the Carbon Revolution.
These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and international business, market, financial, political and legal conditions; (ii) Carbon Revolution’s ability to obtain capital, equity, debt or convertible debt financing to finance our operations on favorable terms or at all; (iii) Carbon Revolution’s marketability on a stock exchange; our ability to maintain our securities listed; (iv) failure to realize the anticipated benefits of the business combination and related transactions; (v) risks related to the uncertainty of costs associated with business combinations; (vi) risks related to the development of Carbon Revolution’s business strategy and the timing of anticipated business milestones; (vii) the impact of competition on Carbon Revolution’s future operations and the ability of the combined company to grow and manage its growth, establish and maintain relationships with customers and healthcare professionals, and retain its management team and key employees; ability to. (viii) risks related to our ability to meet financial covenants and other key restrictions under existing financing arrangements; (ix) domestic and international political and risks related to macroeconomic uncertainties; (x) the outcome of any legal proceedings that may be brought against the Carbon Revolution; (xi) the impact of the global COVID-19 pandemic and government responses to the risks described above; (xii) risks associated with carbon revolution industries; (xiii) changes in law; and (xiv) factors discussed in Carbon Revolution’s filings with the SEC, including its Shell Company Report on Form 20-F;
If any of these risks materialize, or if Carbon Revolution’s assumptions prove incorrect, actual results could differ materially from those suggested by these forward-looking statements. There may be additional risks that are not currently known to Carbon Revolution or that Carbon Revolution currently believes to be immaterial, which could cause actual results to be included in forward-looking statements. It may also be different. Additionally, forward-looking statements reflect Carbon Revolution’s expectations, plans or projections regarding future events and beliefs as of the date of this communication. Carbon Revolution anticipates that subsequent events and developments will cause Carbon Revolution’s evaluation to change. However, while Carbon Revolution may elect to update these forward-looking statements at some point in the future, Carbon Revolution specifically disclaims any obligation to do so unless required by applicable law. . These forward-looking statements should not be relied upon as representing Carbon Revolution’s evaluation as of any date after the date of this communication. Therefore, you should not place undue reliance on forward-looking statements.
CONTACT: For further information, please contact: Investors Investors@carbonrev.com Media Media@carbonrev.com
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