<ul><li>Carbon Revolution, the company providing carbon fiber wheels for Chevy sports cars, announced a record annual revenue of US$47 million for 2024, marking an 87 percent increase from the previous year.</li><li>Despite the revenue growth, the company reported a full-year loss after income tax of US$146.4 million in 2024, higher than US$52.5 million in 2023.</li><li>The CEO of Carbon Revolution, Donald Hampton Jr., expressed optimism about the company's future profitability, highlighting operational milestones and capacity expansions to meet global demand.</li><li>Recent business progress includes key leadership appointments, customer vehicle launches, completion of the Mega-line commissioning for operational efficiencies, and industry recognition at the 2024 PACE Automotive News awards.</li></ul>

Carbon Revolution Announces Record Revenue Results for 2024

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