Savic Motorcycles has raised $2 million in a convertible note amid a changing of the guard at the decade-old Melbourne startup. Founder Denis Savic has moved to a strategic role, with Marc Alexander, a 25-year veteran of EV systems, autonomous platforms, IoT, consumer and automotive tech taking on the CEO role. The raise, finalised in… Read more »
In September, US electric car maker Tesla rolled out a semi-autonomous driving feature it describes as “the future of transport” in Australia. As its name suggests, the Full Self-Driving (Supervised) system blurs the line between human and machine control. Our current licensing and road-safety frameworks were not designed to handle this situation. A federal government… Read more »
Waymo is talking to local regulators about trialling the company’s self-driving taxis in Australia, as the autonomous vehicle company begins lobbying governments around the country. Owned by Google’s parent company Alphabet, Waymo describes itself as the “world’s first autonomous ride-hailing service” and says its vehicles have completed 10 million driverless rides in five US cities,… Read more »
After a decade of work, the federal government has committed to finalising formal road rules, regulations, and technical and cybersecurity standards for self-driving cars by 2027, even as autonomous vehicles are already on Australian roads. The new National Road Transport Technology Strategy (NRTTS), including the 2024-27 National Connected and Automated Vehicle (CAV) Action Plan nationwide framework, replaces National Land… Read more »
Chinese car manufacturer BYD has built the fastest production car on the planet after its Yangwang U9 Xtreme hypercar hit a top speed of 496.22km/h. The record, at the ATP Automotive Testing Papenburg test track in Germany on September 14, beats the 490.484km/h top speed for a petrol-powered car – the Bugatti Chiron Super Sport… Read more »
Tesla is expected to soon turn on its “Full Self-Driving (Supervised)” (FSD) mode in Australia and New Zealand. Is a future of driverless cars upon us? Not exactly – it’s essentially more advanced driver assistance. Legally, Tesla drivers using this mode must be ready to take control and pay attention at all times. Calling it… Read more »
The NSW government is spending $2.8 million in grants to install 549 new kerbside chargers for electric vehicles across 130 suburbs, between Newcastle and Wollongong over the 12 months. EV Kerbside Charging Grants were awarded to five companies: Charge Post, Connected Kerb, EVX, Plus ES and EF Asset Management, which will contribute a combined $2.2… Read more »
Sales of new battery electric vehicles (BEVs) in the first quarter of 2025 have fallen to 2023 levels, while demand for hybrid cars as nearly doubled over the past two years. New figures from the peak motoring body Australia Automobile Association’s (AAA) quarterly EV Index reveal 17,914 BEVs were sold in the three months to… Read more »
Around the world, more and more electric vehicles are hitting the road. Last year, more than 17 million battery-electric and hybrid vehicles were sold. Early forecasts suggest this year’s figure might reach 20 million. Nearly 20% of all cars sold today are electric. But as more motorists go electric, it creates a new challenge –… Read more »
Elon Musk says he will “significantly” reduce his work advising the United States government in May to allocate “far more” of his time to Tesla, following the company’s 71% drop in quarterly profits. “The large slug of work” establishing the so-called US Department of Government Efficiency (DOGE) for US President Donald Trump had been mostly… Read more »
Airwallex put the pedal to the metal for its ‘Shifted Perspectives’ campaign at the launch of the Formula 1 season in Melbourne this week, handing out startup grants and chatting to homegrown McLaren driver Oscar Piastri. The fintech sponsors the UK F1 team McLaren, originally founded in 1965 by Kiwi engineer, innovator, entrepreneur and driver… Read more »
While the Tesla CEO is busy rage-tweeting, Roman saluting, dialling into far-right German political rallies, cutting aid funding and sacking US government workers, sales of his car brand in Australia, as well as the rest of the world have gone over a cliff, with January’s poor results continuing in February. The plunge for Nasdaq-listed EV… Read more »
If you’ve ever had a meal at di Stasio’s Citta in Melbourne, or watched the Matildas play Japan last week, you’ve seen the work of Kamilaroi artist Reko Rennie. Rennie’s 8-minute video, OA_RR, driving a Rolls Royce in burnouts in the desert country of his grandmother, plays behind the bar at the Italian restaurant, and… Read more »
Atlassian will join the likes of Red Bull and biotech company BWT as team sponsor in Formula 1 in a long-term deal with British team Williams Racing. Atlassian Williams Racing will debut in Australia in mid-March with the first race of the 24 round 2025 season. Under the partnership, Atlassian is title partner, technology partner… Read more »
With government subsidies, tax incentives and potential cost savings, plus the ability to lower business vehicles’ tailpipe emissions, small businesses are finding more reasons to transition to electric vehicles (EVs). Whether your motivator is financial, environmental or both, here’s a step-by-step guide if you’re considering making the switch for your business. 1. Evaluate your current business… Read more »
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