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Jun 3, 2021 – 12.00am Save Share A far-sighted decision by a 135-year-old private engineering firm to invest in Brisbane-based electric vehicle charging firm Tritium has yielded a spectacular return and Kara Frederick, Varley Group’s tech adviser, says Tritium now has a significant opportunity to grow globally. Tritium has tapped into a new era of US investor appetite for the electric vehicle sector triggered by the COVID-19 pandemic but which is largely absent in the laggard EV market of Australia, according to Ms Frederick. Varley Group became Tritium’s first external investo...

The Brisbane-based electric vehicle fast-charger company says technology evolution has been the key to its success.

St Baker’s EV windfall almost 60 years in the making May 27, 2021 – 5.35pm Save Share Trevor St Baker’s ninefold return from his early investment in electric vehicle fast-charger Tritium, which is set to list on NASDAQ with a $2 billion-plus valuation, has been almost 60 years in gestation. The energy entrepreneur perhaps best known for his stellar returns from the carbon-intensive Vales Point coal power station in NSW says the penny dropped in 1963 that the electrification of transport was the future. Trevor St Baker stands to make a ninefold return on his $40 million investme...

- The transaction will provide gross proceeds of up to approximately US$403 million (AUD$520 million) to Tritium, assuming minimal redemptions by DCRN's public stockholders, to fully fund its

Tritium charges to $2b Nasdaq listing May 26, 2021 – 8.40pm Share Home-grown electric vehicle fast-charger Tritium, backed by coal entrepreneurs Trevor St Baker and Brian Flannery, is set for a “double unicorn” listing on NASDAQ after signing a deal with a so-called blank cheque company in the US that looks set to put a rocket under its growth ambitions. The deal with Decarbonization Plus Acquisition Corporation II, a special purpose acquisition company, will allow Brisbane-based Tritium to go public with an enterprise value of about $2.2 billion and armed with about $390 million on the...