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Trevor St Baker's $20m TrueGreen Mobility stake to boost EV sales

Updated Save Share Energy investor Trevor St Baker has sunk $20 million into another e-mobility venture, TrueGreen Mobility, which is set to launch electric cars into the Australian market for less than $35,000 in a move that could accelerate their slow take-up. The cars will be imported into Australia from Chinese automaker BYD, the company backed by US billionaire investor Warren Buffett, and will be displayed in a public sales showroom in Sydney within months. The investment comes less than...
New South Wales Rodger Whitby Warren Buffett Evie Networks St Baker Innovation Fund St Baker Energy Innovation Fund
Source: afr.com

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EV battle heats up in Australia with plan to sell affordable Chinese import for $35,000

EV battle heats up in Australia with plan to sell affordable Chinese import for $35,000 Royce Kurmelovs © Provided by The Guardian Photograph: Alex Plavevski/EPA The race to bring an affordable electric car to Australia is about to kick into high gear with a Sydney-based company’s plan to import a new passenger car for less than $35,000. Among the cheapest zero-emissions vehicles now on the market in Australia is the Chinese-made MG ZS EV, which sells for $43,990. That, how...
United States New South Wales Moss Vale Jake Whitehead Noah Shultz Byard Luke Todd
Source: msn.com

Australia's Finally Going To Get An Electric Car That'll Apparently Cost Well Below $35K

Love the idea of electric cars but also love the idea of being able to afford to eat dinner? Well, you're in luck because a Sydney-based company reckons it will soon launch an EV that is well below the $44,000 minimum it'll set you back currently. According to the Australian Financial Review, a new VW Golf-sized hatchback by BYD is set to be imported by TrueGreen Mobility as early as next year, with CEO Luke Todd confirming that it will be...
New South Wales Warren Buffett Luke Todd Wolfgang Egger Berkshire Hathaway Australian Financial Review
Source: msn.com

ESG Group, TrueGreen, commences pre-IPO raise of $100 million

Share this article Share this article SYDNEY, March 11, 2021 /PRNewswire/ -- On the back of the recent announcement of the long-term exclusive agreement for the distribution of BYD right hand drive electric vehicles in Asia Pacific, TrueGreen Impact Group will be launching the Pre IPO investment rounds for their EV Mobility division. It is anticipated that a public listing will be forthcoming in the next financial year 21/22, and it will be the first Electric Vehicle company listed in Australi...
United States United Kingdom Scott Taylor Nexport Gemilang Berkshire Hathaway Gemilang Australia Pty Ltd

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