Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

A Speedway-based manufacturer has unveiled what it describes as the world's first all-carbon fiber luxury recreational vehicle. Global Caravan Technologies Inc. plans to market the prototype internationally, including a strong push in China. The company's research and development functions are in Speedway and it is searching for production sites. News Release

March 7, 2014

INDIANAPOLIS (March 7, 2014) – Global Caravan Technologies (GCT), a luxury RV and specialty vehicle innovator, unveiled yesterday its CR-1 Carbon prototype at the Dallara IndyCar Factory in Speedway, across the street from the company's R&D headquarters.

The CR-1 Carbon becomes the world's first all-carbon fiber, super-luxury RV for series production, utilizing technologies from multiple industries including motorsports, automotive, IT and aerospace. The prototype offers substantial benefits to consumers including smart control functions, high fuel economy, high strength structures and innovative designs.

“Consumer-driven innovation is at the heart of GCT's mission,” said Harrison Ding, chairman and president of Global Caravan Technologies. “We built a transformative product through collaborations with world-class partners.”

The company, which boasts partners such as Dallara and Purdue University, employs a veteran team of former IndyCar champions and aerospace technicians to design and build its state-of-the-art products.

“GCT brings transformation to an industry we Hoosiers are already very proud of,” said Lt. Governor Sue Ellspermann. “We're very pleased to support this innovative company as it continues to grow.”

Backed by significant investment from China, GCT plans to market its products internationally with a strong focus on China. As part of the country's five-year plan, both central and local Chinese governments are aggressively investing in RV tourism infrastructure.

“With the continual growth of China's middle-class, Indiana exporters are seeing strong opportunities for international trade,” said Colin Renk, executive director of the America China Society of Indiana. “Thanks to the welcoming efforts of our state's industries and communities, we're cultivating a China-friendly Indiana for business.”

About Global Caravan Technologies

Global Caravan Technologies, Inc. (GCT) is a luxury RV and specialty vehicle innovator, committed to exceeding expectations of consumers n luxury markets worldwide, by focusing on design, innovation and sustainability. GCT has established a research and development facility next to the Dallara IndyCar Factory in Speedway, Ind. to affirm its commitment to continuous innovation. For more information, visit www.gctrv.com.

About the America China Society of Indiana

The America China Society of Indiana (ACSI) is a member-based, 501(c)(6) non-profit organization dedicated to promote and facilitate business opportunities between Indiana and China. ACSI has a comprehensive network of more than 75 corporations and individuals to promote a soft-landing zone for Chinese investment. For more information, please visit www.americachinasociety.org.Source: Global Caravan Technologies

Story Continues Below

Get the best of Indiana business news. ONLY $1/week Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Upgrade Now

One Subscription, Unlmited Access to IBJ and Inside INdiana Business Upgrade Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In