Carbon revolution plc wheel production more than tripled in q4 cy2023 from previous year quarter

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.
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