“It’s Been Off The Chart” – Demand For Carbon Revolution’s World-First Range Rover 23-Inch Carbon Fiber Wheels Hits Unprecedented Levels
Carbon Revolution Public Limited Company (CREV)
Company Research
Source: GlobeNewswire
GEELONG, Australia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that half of the 2025 Range Rover Sport SVs sold in the United States have been optionally equipped with Carbon Revolution’s carbon fiber wheels. This represents a massive take-up rate for Carbon Revolution’s world-first 23-inch carbon fiber wheels and demonstrates strong consumer preference for the Company’s disruptive lightweight technology. As Road & Track’s Mike Duff writes, half of the Edition One Range Rover Sport SVs sold in North America have been equipped with Carbon Revolution’s wheels. Speaking with Car Throttle’s Matt Robinson, JLR SV brand director Jamal Hameedi said, “We are building the carbon wheels as fast as we can,” adding that demand for Carbon Revolution’s wheels “has been off the chart.” JLR’s Vehicle Eng
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CREV
News
- Carbon Revolution Wins Automotive News PACE AwardsGlobeNewswire
- OIC Funds Incremental Early Release of $5 Million to Carbon RevolutionGlobeNewswire
- Carbon Revolution Public Limited (NASDAQ: CREV) had its price target lowered by analysts at Craig Hallum from $84.00 to $39.00. They now have a "buy" rating on the stock.MarketBeat
- Carbon Revolution Announces Record Revenue Results for First Half 2024GlobeNewswire
- Carbon Revolution Sets Date for Fiscal First Half 2024 (6-Month Period Ending December 31, 2023) Earnings Release and Conference CallGlobeNewswire
CREV
Sec Filings
- 4/11/24 - Form 6-K
- 2/21/24 - Form 6-K
- 2/14/24 - Form SC
- CREV's page on the SEC website