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

Award Recognizes One of Carbon Revolution’s Most Successful Vehicle Platforms

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.

“The General Motors Corvette Z06 and ZR1 have been some of Carbon Revolution’s most successful high-volume programs. We expect that given the recent performance awards for the E-Ray, this program will continue the trend of success,” said Jake Dingle, CEO of Carbon Revolution.

Carbon Revolution has been awarded 18¹ programs with six global OEMs, including Ford, Ferrari, General Motors, Jaguar Land Rover, Renault, and a major German automaker program announced in December, as demand grows among global automakers for its disruptive weight-reduction and efficiency technology.

“E-Ray brings technology and pace once reserved for seven-figure hypercars down to the relative masses,” wrote Peter Holderith of The Drive, who praised the trickle-down of technology into North America’s most popular sports car. 

The E-Ray’s optional five-spoke carbon fiber wheels, made by Carbon Revolution, cut 41 pounds from the Corvette’s unsprung, rotational curb weight compared with the forged aluminum option.

“Wearing its summer tires on optional carbon-fiber wheels, the E-Ray enjoys high limits. Its stable handling, ample grip, and faultless brakes make it easy to channel your inner Max Verstappen,” wrote Car & Driver’s Rich Ceppos after testing the E-Ray on Pikes Peak International Circuit.

In testing, General Motors engineers found Carbon Revolution’s carbon fiber wheels reduced the Corvette’s lap time by 1.5 seconds over a 2-minute lap compared with the standard aluminum wheels, all other factors being the same.

The E-Ray’s carbon fiber wheels – the widest Carbon Revolution has produced to date – are also available on the 2024 Corvette Z06.

Driving on track, journalists immediately noticed superior control, improved braking performance, and a sharper turn-in, thanks to reduced unsprung rotational mass.

MotorTrend writer Scott Evans said the improved steering and braking feel was noticeable when swapping to a Z06 with the lighter carbon fiber wheel option: “If the base Z06 feels like it’ll stop right now, the Z07 feels like it already stopped yesterday … The steering response is immediate and pinpoint precise.”