Corporate average fuel economy

Corvette E-Ray with Carbon Revolution Wheels Wins The Drive’s Best Performance Car of 2023 Award

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수요일, 3월 20, 2024

The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution’s class-leading carbon fiber wheels.

Key Points:

The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution’s class-leading carbon fiber wheels.
“The General Motors Corvette Z06 and ZR1 have been some of Carbon Revolution’s most successful high-volume programs.
We expect that given the recent performance awards for the E-Ray, this program will continue the trend of success,” said Jake Dingle, CEO of Carbon Revolution.
The E-Ray’s optional five-spoke carbon fiber wheels, made by Carbon Revolution, cut 41 pounds from the Corvette’s unsprung, rotational curb weight compared with the forged aluminum option.

Carbon Revolution Appoints Chris Recktenwald to Lead Strategic Procurement and Supply Chain

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목요일, 2월 8, 2024

Carbon, Growth, OEM, Corporate average fuel economy, Interior (topology), General Motors, Ford Motor Company, EV, Jaguar Land Rover, NHTSA, CAFE, PRTM, Original equipment manufacturer, Ford, PwC, Renewable energy

GEELONG, Australia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology carbon fiber automotive wheels, today announced the appointment of Chris Recktenwald as Vice President, Procurement and Supply Chain, to lead strategic procurement and supply chain initiatives for Carbon Revolution globally.

Key Points:

GEELONG, Australia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology carbon fiber automotive wheels, today announced the appointment of Chris Recktenwald as Vice President, Procurement and Supply Chain, to lead strategic procurement and supply chain initiatives for Carbon Revolution globally.
Before joining Carbon Revolution, Recktenwald held multiple senior positions over his 10 years at Ford Motor Company, including, most recently, Global Director, Exterior and Structural Systems Purchasing.
Recktenwald also brings experience as the head of Purchasing and Supplier Quality for Ford of Mexico, where he was instrumental in establishing supply chain networks and purchasing organizations.
“Chris will play a critical leading role as we look to further expand our growing footprint among global auto OEMs,” said Jake Dingle, CEO of Carbon Revolution.

Carbon Revolution plc Wheel Production More Than Tripled in Q4 CY2023 from Previous Year Quarter

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화요일, 1월 9, 2024

Carbon, General Motors, NHTSA, Jaguar Land Rover, Corporate average fuel economy, OEM, CAFE, Original equipment manufacturer, EV, Calendar, Ford Motor Company

GEELONG, Australia, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”) a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced today that wheel production, as measured by wheels boxed for shipment, more than tripled in Q4 CY2023 from the year ago period and rose 84% in the second half of CY23 versus the previous half as the Company made strong progress ramping Mega-line capacity and throughput.

Key Points:

To fulfill the growing demand from Carbon Revolution’s OEM customers, capacity and throughput of the Company’s manufacturing facility grew steadily quarter on quarter during calendar 2023.
The Company achieved record production in the 2nd calendar half of just under 13,000 wheels.
Production in the 4th calendar quarter was also a record at 7,100 wheels.
As the global automotive industry shifts to electric power and other sustainable alternatives to fossil-fuel-based engines, Carbon Revolution is well positioned to capture OEM demand for weight-saving efficiency technologies.

Carbon Revolution plc Awarded Program by Premium Brand of Major German Automaker

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월요일, 12월 4, 2023

Carbon, OEM, EVS, Ford Motor Company, NHTSA, Jaguar Land Rover, CAFE, Original equipment manufacturer, General Motors, Corporate average fuel economy, EV, Automotive industry

GEELONG, Australia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”) a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced today that it has been awarded a program by a premium brand of a major German automaker, one of two previously announced OEM wheel programs awarded in recent months.

Key Points:

GEELONG, Australia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”) a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced today that it has been awarded a program by a premium brand of a major German automaker, one of two previously announced OEM wheel programs awarded in recent months.
“We are very excited to expand our reach with this strategically important German OEM,” said Carbon Revolution CEO Jake Dingle.
"We believe this is a testament to the strength and value proposition of our technology.
Carbon Revolution is well positioned to capture OEM demand for weight-saving efficiency technologies.

Carbon Revolution plc Begins Trading Today on Nasdaq Under the Symbol “CREV”

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금요일, 11월 3, 2023

GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that its stock will begin trading today on Nasdaq under the symbol “CREV” following the business combination of the Company with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) today.

Key Points:

GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that its stock will begin trading today on Nasdaq under the symbol “CREV” following the business combination of the Company with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) today.
“We have come a long way over the last decade in developing and then further expanding the global footprint of our carbon fiber wheel technology, and we’re just getting started,” said Jake Dingle, CEO of Carbon Revolution plc.
“Today is a big day for Carbon Revolution as it begins to trade in the U.S. market,” said Bill Toler, Chairman of Twin Ridge.
Carbon Revolution has strong operating momentum having had a record sales quarter from July to September, with 24% growth over the prior quarter.

Carbon Revolution Enters Into Structured Equity Facility For Up To US$110 Million With OIC

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월요일, 9월 25, 2023

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.

Key Points:

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that Carbon Revolution Public Company Limited, a public limited company incorporated in Ireland (“Carbon Revolution plc” or “MergeCo”) has entered into a Structured Equity Facility of up to US$110 million with two fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm: OIC Structured Equity Fund I Range, LLC and OIC Structured Equity Fund I GPFA Range, LLC.
The completion of this transaction will result in Carbon Revolution plc becoming the parent of Carbon Revolution and its subsidiaries and listing on an exchange in the United States.
The appointments become effective upon completion of the proposed combination with appointees serving on the Board of Directors of Carbon Revolution plc.
“OIC is excited to finalize our capital partnership with Carbon Revolution, which will support the Company’s growth plans and infrastructure expansion,” said Chris Leary, Investment Partner and Head of Infra Equity at OIC.

Mitsubishi Motors: What's New for 2024

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수요일, 7월 5, 2023

In addition to a host of model updates and special editions, every 2024 Mitsubishi Motors vehicle sold in America will include two years of limited maintenance.

Key Points:

In addition to a host of model updates and special editions, every 2024 Mitsubishi Motors vehicle sold in America will include two years of limited maintenance.
Power's 2023 Customer Service Index (CSI) study, MMNA is providing two years of limited maintenance on every 2024 Mitsubishi Motors vehicle sold in the United States.
Featuring powerful front and rear motors and a 20-kWh drive battery, every 2024 Outlander Plug-in Hybrid features Mitsubishi Motors' Super-All Wheel Control3 twin-motor 4WD system.
Valid only for original owner of new, retailed 2024 model-year Mitsubishi Motors vehicle purchased from an authorized Mitsubishi Motors dealer in the United States, and not transferrable to any subsequent owner.

Fuel Ethanol Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 132.56 Billion by 2028: Verified Market Research®

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수요일, 6월 28, 2023

JERSEY CITY, N.J., June 28, 2023 /PRNewswire/ --The Global Fuel Ethanol Market is projected to grow at a CAGR of 5.69% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 85.16 Billion in 2020 and is expected to reach USD 132.56 Billion by the end of the forecast period.

Key Points:

The report provides an in-depth analysis of the global Fuel Ethanol Market, including its growth prospects, market trends, and market challenges.
The fuel ethanol market is witnessing a substantial surge in demand across various sectors, including automotive, food, drinks, and chemicals.
For further information, detailed market insights, and a comprehensive analysis of the Global Fuel Ethanol Market, please Contact Verified Market Research® .
Based on the research, Verified Market Research® has segmented the global Fuel Ethanol Market into Product, Application, And Geography.

Fuel Ethanol Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 132.56 Billion by 2028: Verified Market Research®

Retrieved on:

수요일, 6월 28, 2023

JERSEY CITY, N.J., June 28, 2023 /PRNewswire/ --The Global Fuel Ethanol Market is projected to grow at a CAGR of 5.69% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 85.16 Billion in 2020 and is expected to reach USD 132.56 Billion by the end of the forecast period.

Key Points:

The report provides an in-depth analysis of the global Fuel Ethanol Market, including its growth prospects, market trends, and market challenges.
The fuel ethanol market is witnessing a substantial surge in demand across various sectors, including automotive, food, drinks, and chemicals.
For further information, detailed market insights, and a comprehensive analysis of the Global Fuel Ethanol Market, please Contact Verified Market Research® .
Based on the research, Verified Market Research® has segmented the global Fuel Ethanol Market into Product, Application, And Geography.

Carbon Revolution Carbon Fiber Wheel Backlog More Than Doubles to $680 Million since Oct 2022

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목요일, 6월 8, 2023

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today announced that its backlog1 has more than doubled to $680 million since October 2022 due primarily to new programs.

Key Points:

Carbon Revolution Limited (“Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today announced that its backlog1 has more than doubled to $680 million since October 2022 due primarily to new programs.
View the full release here: https://www.businesswire.com/news/home/20230608005504/en/
Carbon Revolution's ultra-lightweight 23-inch carbon fiber wheels on the Range Rover Sport SV weigh an average of 41% less than conventional 23-inch cast-alloy wheels, resulting in improvements to outright performance, handling and ride quality.
“We are firing on all cylinders,” said Carbon Revolution CEO Jake Dingle.
This month, Carbon Revolution announced that it will supply the carbon fiber wheels that are featured on the 2024 Range Rover Sport SV, revealed on May 31 by JLR, the first SUV to feature Carbon Revolution’s carbon fiber wheels.