EV bus outfit TrueGreen Mobility preps $100m raise; MA Moelis mandated
Preparations for the capital markets trip come 2½ months after it acquired coach charter company North Sydney Bus Charters.
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Preparations for the capital markets trip come 2½ months after it acquired coach charter company North Sydney Bus Charters.
Indigenous leader Warren Mundine has stepped down from his role on the SBS Board to focus on other business commitments.
TrueGreen Mobility will introduce three sub-$35,000 EVs into the Australian market from Chinese manufacturer BYD this year.
Rich-lister Trevor St Baker is partnering with Warren Buffet-backed BYD to bring mass market electric cars into Australia.
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 a week since the news that Tritium, an EV fast charger technology company that is also supported by...