Carrier Further Strengthens Electric Transport Refrigeration Capabilities through Strategic Alliance with ConMet

Carrier is further expanding its electrification capabilities through a new alliance with ConMet adding wheel-based power generation that captures energy that otherwise would be wasted during braking events. The alliance also advances Carrier's broader zero-emission transport refrigeration solutions, with the availability of electric options for trailer, truck, and light commercial vehicle customers before the end of 2022, helping address upcoming emissions regulations. ConMet is a leading global manufacturer of wheel hubs, structural plastic, aluminum casting components and advanced transport technologies for the commercial vehicle industry. Carrier Global Corporation (NYSE: CARR) is the leading global provider of innovative healthy, safe, sustainable and intelligent building and cold chain solutions.