The latest round of the NSW Government’s EV fleets incentive program has opened with $5 million in co-funding up for grabs for businesses and organisations making the shift to electric vehicles. The provides support for the purchase or lease of up to 15 battery EVs (BEVs) and the installation of smart charging infrastructure. The latest… Read more »
SQM Lithium Ventures, the VC arm of a major international lithium producer, has invested $3.6 million in Melbourne’s Kite Magnetics, a company that produces advanced components for electric motors. Kite Magnetics CEO Dr Richard Parsons said he was “excited” about the new partnership with SQM. “Their support will help us scale our technology to revolutionise… Read more »
Twelve-year-old Melbourne EV charging business Jet Charge has raised $72 million after a year-long funding hunt, securing Mirova, an affiliate of global asset manager Natixis, as its lead investor. Existing backers the Clean Energy Finance Corporation (CEFC), RACV (the Royal Automobile Club of Victoria) and Kilara Capital also hit the EFT button once again. Mirova’s… Read more »
Victoria’s electric vehicle road use tax is dead, killed off by a legal challenge to the High Court of Australia. A majority 4-3 decision by the full bench of the High Court ruled the law was unconstitutional in a decision that could hit state-based consumption taxes more broadly. The High Court ruled that Victoria’s EV… Read more »
Mercedes has a new transport solution for the environmentally conscious unicorn founder who also likes a bit of classical style – the Mercedes-Maybach EQS 680 SUV. The German luxury car manufacturer dropped its first Maybach with an electric drivetrain ahead of the Shanghai motor show motor show this week. You can expect the EQS SUV… Read more »
2020 will be year of electric car according to automotive analysts and the Consumer Electronics Show (CES) has, this week, confirmed that with the launch of numerous electric vehicles from Ford, Nissan, Ariya and Fiat and Mercedes-Benz to name a few. While the rest of the world seems to be surging ahead with its embrace… Read more »
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