CBR News: Carbon Revolution Carbon Fiber Wheel Backlog More Than Doubles to $680 Million since Oct 2022 - 8th Jun 2023, 11:31pm

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Total revenue forecast to grow from $28.5 million in calendar year 2022 to $90.1 million in 2024 for a compound annual growth rate (CAGR) of 78%. Tailwinds include new business awards and funding. Nearly 50% of backlog is for electric vehicle (EV) programs.

GEELONG, Australia, June 08, 2023--(BUSINESS WIRE)--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 annou...

>>> Read more: Carbon Revolution Carbon Fiber Wheel Backlog More Than Doubles to $680 Million since Oct 2022
 
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