Research reports and Media, page-2

Thanks for that, here's my key takeaway:

To date, the issues that have plagued the company have not been due to their execution on production, their ability to manufacture wheels or end-customer demand, but rather the transitory impact of the pandemic on an early-stage company and the resulting variability of OEM purchase orders and supply chain uncertainty.

We highlight that the only commercially viable competitor was Thyssenkrupp, whose maximum capacity of ~30,000 wheels across motorcycle and passenger vehicles, has had limited success in passenger vehicles due to their relatively slow production methods.

CBR currently has a capacity of ~70,000 and with the megaline is ramping up to 150K. I recall one of the CBR execs saying in an investor call a few months ago that Thyssenkrupp is now exiting this space to focus on their core business, bike wheels. CBR's moat and first-mover advantage is well and truly intact. Mass-producing carbon fiber wheels is not easy, and so far only one company in the world is capable of doing it.