Carbon Revolution to Supply its 23-inch Carbon Fiber Wheels for 2024 Range Rover Sport SV
Carbon Revolution, a Tier 1 OEM supplier and leading manufacturer of lightweight carbon fiber wheels, has announced its first SUV wheel program launch for the 2024 Range Rover Sport SV. The company's 23-inch carbon fiber wheels, which are 41% lighter than conventional cast-alloy wheels, will be featured on the vehicle. This marks Carbon Revolution's expansion into the strategically important SUV segment.
The ultra-lightweight wheels save an average of 19.8lbs per wheel, totaling 78.5lbs for the set, while meeting rigorous durability and robustness standards. Production of these wheels commenced on the company's Mega-line earlier this year. Carbon Revolution is also focusing on the electric vehicle (EV) market, where their wheels can potentially increase vehicle range by 5%-10% if the weight reduction is reinvested in battery mass.
Additionally, Carbon Revolution has entered into a business combination agreement with Twin Ridge Capital Acquisition Corp., which is expected to result in the company becoming publicly listed on the Nasdaq in the United States.
Carbon Revolution, un fornitore di livello 1 OEM e principale produttore di cerchi in fibra di carbonio leggeri, ha annunciato il lancio del suo primo programma di cerchi per SUV per la 2024 Range Rover Sport SV. I cerchi in fibra di carbonio da 23 pollici dell'azienda, che sono 41% più leggeri rispetto ai cerchi in lega convenzionali, saranno presenti sul veicolo. Questo segna l'espansione di Carbon Revolution nel segmento SUV, strategicamente importante.
I cerchi ultra-leggeri fanno risparmiare in media 19,8 libbre per cerchio, per un totale di 78,5 libbre per il set, pur soddisfacendo rigorosi standard di durabilità e robustezza. La produzione di questi cerchi è iniziata sulla Mega-line dell'azienda all'inizio di quest'anno. Carbon Revolution si sta anche concentrando sul mercato dei veicoli elettrici (EV), dove i loro cerchi possono potenzialmente aumentare l'autonomia dei veicoli dal 5% al 10% se la riduzione del peso è reinvestita nella massa della batteria.
Inoltre, Carbon Revolution ha stipulato un accordo di combinazione aziendale con Twin Ridge Capital Acquisition Corp., il quale dovrebbe portare l'azienda a quotarsi pubblicamente al Nasdaq negli Stati Uniti.
Carbon Revolution, un proveedor de nivel 1 OEM y principal fabricante de ruedas de fibra de carbono ligeras, ha anunciado el lanzamiento de su primer programa de ruedas para SUV para la 2024 Range Rover Sport SV. Las ruedas de fibra de carbono de 23 pulgadas de la empresa, que son 41% más ligeras que las ruedas de aleación fundida convencionales, se presentarán en el vehículo. Esto marca la expansión de Carbon Revolution en el segmento SUV, que es estratégicamente importante.
Las ruedas ultraligeras ahorran un promedio de 19.8 libras por rueda, totalizando 78.5 libras para el conjunto, cumpliendo con rigurosos estándares de durabilidad y robustez. La producción de estas ruedas comenzó en la línea Mega de la empresa a principios de este año. Carbon Revolution también se está enfocando en el mercado de vehículos eléctricos (EV), donde sus ruedas pueden aumentar potencialmente la autonomía del vehículo entre un 5 % y un 10 % si la reducción de peso se reinvierte en la masa de la batería.
Además, Carbon Revolution ha firmado un acuerdo de combinación empresarial con Twin Ridge Capital Acquisition Corp., que se espera resulte en que la empresa se cotice públicamente en el Nasdaq de Estados Unidos.
Carbon Revolution은 1급 OEM 공급업체이자 경량 탄소 섬유 휠을 선도적으로 제조하는 업체로, 2024년형 랜드로버 레인지를 위한 첫 번째 SUV 휠 프로그램 출시를 발표했습니다. 회사의 23인치 탄소 섬유 휠은 기존의 주물 합금 휠보다 41% 더 가볍습니다. 이 차량에 장착될 예정입니다. 이는 Carbon Revolution이 전략적으로 중요한 SUV 세그먼트로 확장하는 것을 의미합니다.
초경량 휠은 휠당 평균 19.8파운드를 절약하여, 세트 전체로는 78.5파운드가 절약되며, 엄격한 내구성과 강도 기준을 충족합니다. 이 휠의 생산은 올해 초 회사의 메가라인에서 시작되었습니다. Carbon Revolution은 또한 전기차(EV) 시장
게다가, Carbon Revolution은 Twin Ridge Capital Acquisition Corp와 사업 결합 계약을 체결했으며, 이는 회사가 미국의 나스닥에 상장될 것으로 예상됩니다.
Carbon Revolution, un fournisseur OEM de niveau 1 et un fabricant leader de roues légères en fibre de carbone, a annoncé le lancement de son premier programme de roues pour SUV pour le Range Rover Sport SV 2024. Les roues en fibre de carbone de 23 pouces de l'entreprise, qui sont 41% plus légères que les roues en alliage coulé conventionnelles, seront présentées sur le véhicule. Cela marque l'expansion de Carbon Revolution dans le segment SUV, stratégiquement important.
Les roues ultra-légères permettent d'économiser en moyenne 19,8 livres par roue, soit un total de 78,5 livres pour l'ensemble, tout en respectant des normes rigoureuses de durabilité et de robustesse. La production de ces roues a débuté cette année sur la Mega-ligne de l'entreprise. Carbon Revolution se concentre également sur le marché des véhicules électriques (EV), où leurs roues peuvent potentiellement augmenter l'autonomie des véhicules de 5% à 10% si la réduction de poids est réinvestie dans la masse de la batterie.
De plus, Carbon Revolution a conclu un accord de combinaison d'entreprise avec Twin Ridge Capital Acquisition Corp., qui devrait aboutir à la cotation de l'entreprise sur le Nasdaq aux États-Unis.
Carbon Revolution, ein Tier-1-OEM-Zulieferer und führender Hersteller von leichten Carbonfaser-Rädern, hat die Einführung seines ersten SUV-Radprogramms für den 2024 Range Rover Sport SV angekündigt. Die 23 Zoll großen Carbonfaser-Räder des Unternehmens sind 41% leichter als herkömmliche Gusslegierungsräder und werden am Fahrzeug zu sehen sein. Dies markiert die Expansion von Carbon Revolution in das strategisch wichtige SUV-Segment.
Die ultraleichten Räder sparen im Durchschnitt 19,8 Pfund pro Rad, insgesamt also 78,5 Pfund für das Set, und erfüllen dabei strenge Haltbarkeits- und Robustheitsstandards. Die Produktion dieser Räder begann zu Beginn des Jahres in der Mega-Line des Unternehmens. Carbon Revolution konzentriert sich auch auf den Markt für Elektrofahrzeuge (EV), da ihre Räder potenziell die Reichweite des Fahrzeugs um 5 % bis 10 % erhöhen können, wenn die Gewichtseinsparung in die Batteriemasse reinvestiert wird.
Darüber hinaus hat Carbon Revolution eine Unternehmenszusammenschlussvereinbarung mit Twin Ridge Capital Acquisition Corp. getroffen, die voraussichtlich dazu führen wird, dass das Unternehmen an der Nasdaq in den Vereinigten Staaten öffentlich gelistet wird.
- First SUV wheel program launch, expanding into a strategically important market segment
- 23-inch carbon fiber wheels are 41% lighter than conventional cast-alloy wheels
- Production of the new wheels has already commenced on the Mega-line
- Potential to increase EV range by 5%-10% through weight reduction
- Upcoming public listing on Nasdaq through business combination with Twin Ridge Capital Acquisition Corp
- None.
First SUV Wheel Program Launch for Carbon Revolution, Currently in Production on its Mega-line
GEELONG,
Carbon Revolution's ultra-lightweight 23-inch carbon fiber wheels on the Range Rover Sport SV weigh an average of
This is Carbon Revolution’s first launch of a SUV carbon fiber wheel program, highlighting an expansion of the Company’s lightweight wheel technology into the strategically important SUV segment.
The Range Rover Sport SV can be specified with world-first ultra-lightweight 23-inch Carbon Fiber Wheels. These innovative one-piece wheels save an average of 19.8lbs per wheel – a total of 78.5lbs, or 41 per cent – compared with conventional 23-inch cast-alloy wheels, resulting in improvements to outright performance, handling and ride quality. While incredibly light, they are engineered and tested to the toughest durability and robustness standards – the same as Range Rover’s cast or forged alloy wheels.
Carbon Revolution CEO, Jake Dingle congratulated JLR on the vehicle.
“We are excited to be working with JLR on our latest wheel launch, our first ever SUV wheel, and we’re delighted to see Carbon Revolution’s wheel technology feature on such an iconic global nameplate as the Range Rover,” said Dingle.
Production of this 23-inch wheel commenced on the Mega-line early this year.
Carbon Revolution is also focused on further expanding its footprint in the rapidly growing market for electric vehicles (“EVs”). The Company’s wheels weigh up to
Carbon Revolution’s wheels provide significant unsprung mass reductions which can greatly improve efficiency and reduce road noise while also helping leading global automakers to comply with the Corporate Average Fuel Economy (CAFE) targets set by the National Highway Traffic Safety Administration (NHTSA).
As previously announced, Carbon Revolution Limited (“CBR”, “Carbon Revolution” or the “Company”) (ASX: CBR) and Twin Ridge Capital Acquisition Corp. (“Twin Ridge” or “TRCA”) (NYSE: TRCA) have entered into a definitive business combination agreement and accompanying scheme implementation deed (“SID”) that is expected to result in Carbon Revolution becoming publicly listed in the
ABOUT CARBON REVOLUTION
Carbon Revolution is an Australian technology company, which has successfully innovated, commercialized and industrialized the advanced manufacture of carbon fiber wheels for the global automotive industry. The Company has progressed from single prototypes to designing and manufacturing lightweight wheels for cars and SUVs in the high performance, premium and luxury segments, for the world’s most prestigious automotive brands. Carbon Revolution is creating a significant and sustainable advanced technology business that supplies its lightweight wheel technology to automotive manufacturers around the world.
For more information, visit carbonrev.com
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This communication relates to the proposed business combination involving CBR, TRCA, MergeCo, and Poppettell Merger Sub, a
BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, TRCA’S SHAREHOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT/PROSPECTUS AND THE DEFINITIVE PROXY STATEMENT/ PROSPECTUS, WHEN IT BECOMES AVAILABLE, AND ANY AMENDMENTS THERETO AND ANY OTHER DOCUMENTS FILED BY TRCA OR MERGECO WITH THE SEC IN CONNECTION WITH THE PROPOSED BUSINESS COMBINATION OR INCORPORATED BY REFERENCE THEREIN IN THEIR ENTIRETY BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED BUSINESS COMBINATION BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND THE PARTIES TO THE PROPOSED BUSINESS COMBINATION.
After the Registration Statement, as amended, is declared effective, the definitive proxy statement will be mailed to shareholders of TRCA as of a record date to be established for voting on the proposed business combination. Additionally, TRCA and MergeCo will file other relevant materials with the SEC in connection with the proposed business combination. Copies of the Registration Statement, as amended, the definitive proxy statement/ prospectus and all other relevant materials for the proposed business combination filed or that will be filed with the SEC may be obtained, when available, free of charge at the SEC’s website at www.sec.gov. In addition, the documents filed by TRCA or MergeCo may be obtained, when available, free of charge from TRCA at www.twinridgecapitalac.com. TRCA’s shareholders may also obtain copies of the definitive proxy statement/prospectus, when available, without charge, by directing a request to Twin Ridge Capital Acquisition Corp., 999 Vanderbilt Beach Road, Suite 200,
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This communication is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed business combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. The proposed business combination will be implemented solely pursuant to the Business Combination Agreement and Scheme Implementation Deed, in each case, filed as exhibits to the Current Report on Form 8-K filed by TRCA with the SEC on November 30, 2022, which contains the full terms and conditions of the proposed business combination. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.
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All statements other than statements of historical facts contained in this communication are forward-looking statements. Forward-looking statements may generally be identified by the use of words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “target” or other similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the financial position, business strategy and the plans and objectives of management for future operations including as they relate to the proposed business combination and related transactions, pricing and market opportunity, the satisfaction of closing conditions to the proposed business combination and related transactions, the level of redemptions by TRCA’s public shareholders and the timing of the completion of the proposed business combination, including the anticipated closing date of the proposed business combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of CBR’s and TRCA’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from such assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of CBR and TRCA.
These forward-looking statements are subject to a number of risks and uncertainties, including (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the inability of the parties to successfully or timely consummate the proposed business combination, including the risks that we will not secure sufficient funding to proceed through to completion of the Transaction, any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed business combination, or that the approval of the shareholders of TRCA or CBR is not obtained; (iii) the ability to maintain the listing of MergeCo’s securities on the stock exchange; (iv) the inability to complete any private placement financing, the amount of any private placement financing or the completion of any private placement financing on favorable terms; (v) the risk that the proposed business combination disrupts current plans and operations CBR or TRCA as a result of the announcement and consummation of the proposed business combination and related transactions; (vi) the risk that any of the conditions to closing of the business combination are not satisfied in the anticipated manner or on the anticipated timeline or are waived by any of the parties thereto; (vii) the failure to realize the anticipated benefits of the proposed business combination and related transactions; (viii) risks relating to the uncertainty of the costs related to the proposed business combination; (ix) risks related to the rollout of CBR’s business strategy and the timing of expected business milestones; (x) the effects of competition on CBR’s future business and the ability of the combined company to grow and manage growth, establish and maintain relationships with customers and healthcare professionals and retain its management and key employees; (xi) risks related to domestic and international political and macroeconomic uncertainty, including the
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Source: Carbon Revolution Limited
FAQ
What is the weight reduction achieved by Carbon Revolution's wheels for the 2024 Range Rover Sport SV?
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