Carbon Revolution said its wheels are 40 to 50 percent lighter on average than standard aluminum wheels on the market today. The company further says its wheels can be designed in more aerodynamic shapes than aluminum wheels, decreasing drag and increasing range.
In total, the company estimates using carbon-fiber wheels can give EVs between 5 and 8 percent longer range.
To be sure, carbon-fiber wheels remain more expensive than their aluminum counterparts. But as manufacturing costs come down and EV adoption accelerates, Carbon Revolution expects carbon-fiber wheels to claim approximately 15 percent of the aluminum wheel market by 2035.
"To be able to come into the market and be able to offer a range-extending technology that's also a premium technology that people love to look at, we see it as an advantage," Dingle said.
Wheels are not the only standard parts that could be overhauled as the industry electrifies. Here are more examples.