Carbon Revolution PLC

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Carbon Revolution Plc engages in the manufacturing of advanced carbon fiber wheels. The firm is currently supplying wheels to the automotive market for vehicles and SUVs and is developing wheels for EVs under contract for its OEM customers. The company is headquartered in Dublin, Ireland.

GEELONG, Australia, April 30, 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, achieved dual recognition at the recent PACE Automotive News awards ceremony held on April 29, winning two significant awards. The Company was honored with the prestigious 2024 Automotive News PACE Award, which recognizes automotive suppliers for superior innovation, technological advancement, and business performance.

Carbon Revolution Wins Automotive News PACE Awards

GEELONG, Australia, April 11, 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 it has reached an agreement with Orion Infrastructure Capital ("OIC") for an early release of US$5 million from the US$35 million in escrow under its previously announced Structured Equity Facility with OIC for up to US$110 million, on the terms and conditions summarised in the Company's filing with the SEC, which can be accessed here.

OIC Funds Incremental Early Release of $5 Million to Carbon Revolution

- Achieved Record Half Year Revenue of US$26.1 million, up 107% year-over-year- Half Year Sales of 12.8k Wheels, More Than Doubling Volumes Compared to the Prior Year- Achieved Record Quarterly Revenue of US$14.8 million in 2Q24, up 177% year-over-year- Limited liquidity as of 31 March 2024, requires additional finance; discussion with OIC for potential early release of Escrow funds is ongoing- Issues Preliminary Estimate for Fiscal 3Q 2024 (Quarter Ended March 31, 2024) of $10 to $11 Million, Up 110% Year-Over-Year at the Mid-Point of the Range

Carbon Revolution Announces Record Revenue Results for First Half 2024

GEELONG, Australia, April 03, 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, plans to conduct a conference call with analysts to discuss its fiscal first half 2024 results and business outlook on April 9, 2024 at 8:00 a.m. Eastern time.

Carbon Revolution Sets Date for Fiscal First Half 2024 (6-Month Period Ending December 31, 2023) Earnings Release and Conference Call

Geelong, Australia--(Newsfile Corp. - April 3, 2024) - Carbon Revolution (NASDAQ: CREV) announced today that it will be presenting at The 14th Annual LD Micro Invitational at the Sofitel New York on April 8th-9th, 2024. The event is expected to feature 80 companies presenting in half-hour increments, as well as private 1:1 meetings.

Carbon Revolution Announces Participation in the LD Micro Invitational XIV

GEELONG, Australia, March 27, 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, is pleased to announce that its CEO, Jake Dingle is scheduled to present at the Emerging Growth Conference on Thursday, April 4, 2024, at 4:25 PM ET / 1:25 PM PT. This live, interactive online event will give shareholders and the investment community the opportunity to interact with the Company's CEO in real time.

Carbon Revolution to Present at Emerging Growth Conference on Thursday, April 4, 2024

GEELONG, Australia, March 22, 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, is pleased to announce that its CEO, Jake Dingle, is scheduled to present at the Webull Corporate Connect Technology Investment Webinar on March 27, 2024. Mr. Dingle will present on Wednesday, March 27, 2024, at US 3:00 PM ET/US 12:00 PM PT.

Carbon Revolution to Present at Webull Corporate Connect Technology Investment Webinar on March 27, 2024

GEELONG, Australia, March 19, 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, is pleased to announce that the 2024 Chevrolet Corvette E-Ray, optionally equipped with Carbon Revolution's lightweight carbon fiber wheels, won The Drive's  Best Performance Car of 2023 . The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution's class-leading carbon fiber wheels.

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

GEELONG, Australia, March 19, 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, is pleased to announce that the 2024 C8 Chevrolet E-Ray, optionally equipped with Carbon Revolution's lightweight carbon fiber wheels, won The Drive's  Best Performance Car of 2023 . The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution's class-leading carbon fiber wheels.

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

GEELONG, Australia, March 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 automotive carbon fiber wheels, is pleased to announce that its CEO, Jake Dingle, CFO Gerard Buckle, and Commercial Director Nick Batchelor are scheduled to attend the Sidoti Small-Cap Virtual Conference on March 13-14, 2024. Management will present on Wednesday, March 13, 2024, at 4:00 PM ET/ 1:00 PM PT and host virtual one-on-one meetings on both days.

Carbon Revolution to Attend Sidoti Small-Cap Virtual Conference on March 13-14, 2024

GEELONG, Australia, March 06, 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, is pleased to announce it will attend the 36th Annual ROTH Conference from March 17-19, 2024.

Carbon Revolution to Attend 36th Annual ROTH Conference from March 17-19, 2024

GEELONG, Australia, March 05, 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, is pleased to announce that it has been invited to present at the Emerging Growth Conference on Wednesday, March 6, 2024, at 4:25 PM Eastern time for 30 minutes. This live, interactive online event will give shareholders and the investment community the opportunity to interact with the Company's CFO, Gerard Buckle, and Commercial Director, Nick Batchelor, in real time.

Carbon Revolution To Present At The Emerging Growth Conference On Wednesday, March 6, 2024

GEELONG, Australia, Feb. 29, 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, announced that CFO Gerard Buckle and Commercial Director Nick Batchelor will be presenting at the Baird 2024 Vehicle, Technology & Mobility Conference today at 4:35 pm ET. To view a copy of this presentation, please click here.

Carbon Revolution to Participate in the Baird 2024 Vehicle, Technology & Mobility Conference

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.

“It's Been Off The Chart” – Demand For Carbon Revolution's World-First Range Rover 23-Inch Carbon Fiber Wheels Hits Unprecedented Levels

Record Preliminary Fiscal Second Quarter Revenue of Approximately US$14.8 Million, up 177% Year-Over-Year Record Preliminary Fiscal Second Quarter Revenue of Approximately US$14.8 Million, up 177% Year-Over-Year

Carbon Revolution Announces Preliminary Fiscal Second Quarter Results

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.

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

Company Made Continued Strong Progress Ramping Mega-line Capacity and Throughput Production Jumps 84% from Prior Half (H1 CY2023) The December quarter of 2023 Was Highest Wheel Production Quarter in Company History 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. 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.

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

– Issues Outlook For Fiscal Second Quarter Revenue –– Conference Call and Investor Presentation Available on IR Site –

Carbon Revolution Provides Business Update

Carbon Revolution (NASDAQ: CREV ) stock is falling on Wednesday after the company announced plans for a conference call. A press release from Carbon Revolution reveals that the company intends to hold a conference call on Dec. 12.

Why Is Carbon Revolution (CREV) Stock Down Today?

GEELONG, Australia, Dec. 05, 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, today announced that the Company will provide a business update on December 12, 2023, on a conference call hosted by management at 5:00 p.m. (Eastern Time).

Carbon Revolution Announces First Fiscal Quarter FY2024 Business Update Conference Call Date

Carbon Revolution plc Awarded Program by Premium Brand of Major German Automaker One of Two Previously Announced OEM Programs Awarded in Recent Months

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

Management to Meet with Investors on November 16 in New York City Company Provides Share Count and Cash Position

Carbon Revolution Issues Investor Presentation Ahead of Appearance at 14th Annual Craig-Hallum Alpha Select Conference

Carbon Revolution (NASDAQ: CREV ) stock is on the rise Monday after the company's shares made their public debut on Friday. Carbon Revolution stock went public through a merger with special purpose acquisition company (SPAC) Twin Ridge Capital Acquisition Corp. The company's focus is on the creation of lightweight carbon fiber wheels.

Why Is Carbon Revolution (CREV) Stock Up 362% Today?

GEELON, Australia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (“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 it has received an initial investment of US$70 million from a Structured Equity Facility of up to US$110 million from fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm. Of the initial investment of US$70 million, US$35 million is immediately available to the Company and the remaining US$35 million was funded into an escrow account, subject to release upon satisfaction of certain milestones as described below.

Carbon Revolution Receives Initial Funding of $70 million from the OIC Structured Equity Facility

Twin Ridge Capital Acquisition Corp

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, previously announced the closing of its business combination with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) and commencement of trading today on Nasdaq under the symbol “CREV”. Carbon Revolution effectuated a 10-to-1 share consolidation (NYSE: TRCA to Nasdaq: CREV) through the exchange ratio at closing of the business combination.

News for Carbon Revolution PLC Stock (CREV)