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Grant Award View - GA274379
A Sustainable Efficient Wheel Supply tothe Global Electric Vehicle...
GA ID:
GA274379
Agency:
Department of Industry, Science and Resources
Approval Date:
24-Aug-2022
Publish Date:
30-Nov-2022
Category:
Industry Innovation
Grant Term:
29-Nov-2022 to 30-Jun-2026
Original: 29-Nov-2022 to 29-Jun-2025
Value (AUD):
$13,200,000.00
(GST inclusive where applicable)
Variations:
- GA274379-V1 - Extension of grant term (5-Apr-2024 )
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 22/23 Growing innovative & competitive bus, industries & regions
Grant Program:
Modern Manufacturing Initiative
Grant Activity:
A Sustainable Efficient Wheel Supply tothe Global Electric Vehicle Market
Purpose:
Carbon Revolution Operations Pty Ltd (CR) is an advanced manufacturing company based in Geelong Victoria that designs, manufactures and markets carbon fibre (CF) wheels to global markets for conventional and electric vehicles. CR will design, build, install and commission a manufacturing line (the Mega-line) for carbon fibre wheels. The Project will increase the manufacturing capacity by an additional 55,000 CF wheels per annum (~100% increase) to meet the growing demand of international car manufacturers and reduce direct unit costs by 39% compared to current.
The Mega-line consists of a group of manufacturing process modules linked by advanced automation, designed using simulation technologies. The outcome will ensure that the growing demand for carbon fibre wheels is efficiently supplied at a competitive price.
GO ID:
GO Title:
Modern Manufacturing Initiative – Manufacturing Integration Stream – Recycling and Clean Energy Priority – Round 2
Internal Reference ID:
MICEII000018
Selection Process:
Open Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
CARBON REVOLUTION OPERATIONS PTY LTD
Recipient ABN:
40 154 435 355
Grant Recipient Location
Suburb:
WAURN PONDS
Town/City:
WAURN PONDS
Postcode:
3216
State/Territory:
VIC
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
VIC
Postcode:
3216
Country:
AUSTRALIA