Shelby Mustang

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

Retrieved on: 
Friday, November 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

Retrieved on: 
Monday, September 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.

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

Retrieved on: 
Thursday, June 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.

Carbon Revolution Secures US$60 Million Loan

Retrieved on: 
Wednesday, May 24, 2023

Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced the establishment of a US$60 million debt financing arranged and insured by PIUS Limited LLC, a Gallagher company, and its affiliates (the “Financing”).

Key Points: 
  • Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced the establishment of a US$60 million debt financing arranged and insured by PIUS Limited LLC, a Gallagher company, and its affiliates (the “Financing”).
  • Carbon Revolution is focused on further expanding its footprint in the rapidly growing market for electric vehicles (EVs).
  • As the global automotive industry shifts to electric power, Carbon Revolution is well positioned to capture OEM demand for weight-saving efficiency technologies.
  • “In the escalating race to achieve supreme efficiency in automotive vehicles, Carbon Revolution has designed and manufactured some of the most technologically advanced carbon fiber composite wheels, with an extensive IP portfolio spanning multiple jurisdictions,” said PIUS CEO, Joe Agiato.

Hennessey Unleashes Hot-blooded Venom 1200 Mustang GT500

Retrieved on: 
Thursday, October 27, 2022

SEALY, Texas, Oct. 27, 2022 /PRNewswire/ -- Hennessey, the Texas-based hypercar manufacturer and high-performance vehicle creator has confirmed production for its new Venom 1200 Mustang GT500. Based on the most powerful factory-produced Mustang of all time, the Ford Mustang Shelby GT500, the latest Hennessey build will be one of the most powerful muscle cars Hennessey Performance has ever produced.

Key Points: 
  • SEALY, Texas, Oct. 27, 2022 /PRNewswire/ -- Hennessey , the Texas-based hypercar manufacturer and high-performance vehicle creator has confirmed production for its new Venom 1200 Mustang GT500.
  • Based on the most powerful factory-produced Mustang of all time, the Ford Mustang Shelby GT500, the latest Hennessey build will be one of the most powerful muscle cars Hennessey Performance has ever produced.
  • The stock Shelby GT500 is an extraordinary muscle car, but we take it to the nth degree with our Venom 1200.
  • The new Hennessey Venom 1200 is available for international shipping now through authorized Ford retailers or directly from Hennessey by calling +1 979.885.1300 or visiting HennesseyPerformance.com .

Hertz and Shelby American Announce Three-Year Custom Car Partnership Beginning with Exclusive 2022 Shelby Mustang Models

Retrieved on: 
Tuesday, May 10, 2022

For the first time in history, consumers will be able to rent a special Mustang Shelby GT500-H with 900+ horsepower via Hertz at select airport locations

Key Points: 
  • For the first time in history, consumers will be able to rent a special Mustang Shelby GT500-H with 900+ horsepower via Hertz at select airport locations
    ESTERO, Fla. and LAS VEGAS, May 10, 2022 /PRNewswire/ -- Hertz and Shelby American announce a three-year custom car partnership, kicking off with exclusive 2022 Shelby edition Ford Mustangs.
  • "Shelby American and Ford Motor Company changed the perception of American sports cars, starting with the Shelby Cobra in 1962," said Joe Conway , CEO of Shelby American.
  • Each of the 2022 Shelby Mustang Hertz models will be instantly recognizable with unique styling enhancements that celebrate a rich performance heritage.
  • Shelby American also offers the Shelby Raptor, Shelby F-150 Super Snake and Shelby F-150 trucks, as well as the Shelby F-250 Super Baja.

Team Hytiva®: Shelby Super Baja Press Release - July 19, 2021

Retrieved on: 
Monday, July 19, 2021

LAS VEGAS, July 19, 2021 /PRNewswire/ -- Fans of the Ford F-150 Raptor and the F-250 Super Duty are going to love the new Shelby Super Baja.

Key Points: 
  • LAS VEGAS, July 19, 2021 /PRNewswire/ -- Fans of the Ford F-150 Raptor and the F-250 Super Duty are going to love the new Shelby Super Baja.
  • Finally, Shelby has included a serialized plate on the dash and official Shelby Super Baja badges.
  • Team Hytiva is proud to present our 2021 Shelby Super Baja into our fleet.
  • See more of Team Hytiva's 2021 Ford F-250 Shelby Super Baja here:

Hagens Berman: Class Certification Granted in Lawsuit Against Ford for Shelby GT350 Mustang Limp Mode Defect

Retrieved on: 
Thursday, July 1, 2021

Through product placement in James Bond movies and racing partnerships with figures like Carroll Shelby, Ford has spent half a century cultivating an aura of performance and adventure.

Key Points: 
  • Through product placement in James Bond movies and racing partnerships with figures like Carroll Shelby, Ford has spent half a century cultivating an aura of performance and adventure.
  • As a result, the Base and Tech cars could not complete a full Track Day without going into Limp Mode.
  • The class of individuals who purchased these pricey pieces of history deserve to have more than a flashy trophy in their garage.
  • If you own or lease a 2016 Shelby GT350 Mustang Base model or Technology Package model, you may be entitled to compensation for this defect that inhibits your cars performance.

Danish watch brand, REC Watches, gives new life to the World's Most Expensive Mustang!

Retrieved on: 
Friday, January 15, 2021

COPENHAGEN, Denmark, Jan. 15, 2021 /PRNewswire/ --Danish watch brand REC Watches brings iconic vehicles back to life - as a watch.

Key Points: 
  • COPENHAGEN, Denmark, Jan. 15, 2021 /PRNewswire/ --Danish watch brand REC Watches brings iconic vehicles back to life - as a watch.
  • This time,the company has released timepieces witha dial handcrafted from one of the most sought-after vehicles in post-war history: Little Red and Green Hornet.
  • LITTLE RED and GREEN HORNET are the"Holy Grail" of lost collector cars andone-off experimental and mythological 1967 and 1968 Prototype Shelby Mustang GT500 EXPs.
  • They do it in a way that keeps the patina, and they build the watch to represent the vehicle."

Danish watch brand, REC Watches, gives new life to the World's Most Expensive Mustang!

Retrieved on: 
Friday, January 15, 2021

COPENHAGEN, Denmark, Jan. 15, 2021 /PRNewswire/ --Danish watch brand REC Watches brings iconic vehicles back to life - as a watch.

Key Points: 
  • COPENHAGEN, Denmark, Jan. 15, 2021 /PRNewswire/ --Danish watch brand REC Watches brings iconic vehicles back to life - as a watch.
  • This time,the company has released timepieces witha dial handcrafted from one of the most sought-after vehicles in post-war history: Little Red and Green Hornet.
  • LITTLE RED and GREEN HORNET are the"Holy Grail" of lost collector cars andone-off experimental and mythological 1967 and 1968 Prototype Shelby Mustang GT500 EXPs.
  • They do it in a way that keeps the patina, and they build the watch to represent the vehicle."