Australian wheel maker Carbon Revolution lost $347 million over four years

AI Summary — NZ Perspective

Australian wheel manufacturer Carbon Revolution, which posted $347 million in losses over four years, has been insolvent since December 2023, citing high manufacturing costs in Australia. This highlights the challenges for advanced automotive component production in our region, potentially impacting future availability of such specialised parts.

Original Excerpt

Australian wheel manufacturer Carbon Revolution posted losses of $347 million over four years and has been insolvent since December 2025 because Australia is a high-cost manufacturing location on the other side of the world from the company's biggest customers, according to an in

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