Carbon Revolution Public Limited shares are trading higher Friday after the company announced it will supply the carbon fiber wheels available on the new Chevrolet Corvette ZR1. 

The Details:

Carbon Revolution ( CREV ) said its team developed a unique internal fiber architecture to meet General Motors Co.'s ( GM ) targets for strength, weight and durability in a thin, split five-spoke design.

“It has been a great honor to work with General Motors ( GM ) again. This will be the third Corvette to feature our carbon fiber wheels,” said Carbon Revolution ( CREV ) CEO Jake Dingle. “Our team harnessed its extensive engineering and manufacturing experience to come up with a wheel befitting of the highest-performance Corvette we’ve ever seen.”

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GM revealed the 2025 Chevy Corvette ZR1 on Thursday and said it will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable of more than 1,000 horsepower. 

"This thing pulls like a freight train," said Tadge Juechter, Corvette's executive chief engineer. "We expect this car to be essentially the fastest car we've ever built by a long measure."

Carbon Revolution's ( CREV ) stock is climbing on heavy volume following the announcement and trading above its 50-day moving average of $7.76, according to data from Benzinga Pro. 

How To Buy CREV Stock:

By now you're likely curious about how to participate in the market for Carbon Revolution ( CREV ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stocks can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

CREV Price Action: According to Benzinga Pro, Carbon Revolution ( CREV ) shares are up 51% at $9.26 at the time of publication Friday.

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Image: Courtesy of Carbon Revolution Public Ltd.