Cheap lease deal to boost flagging Tesla sales
Tesla is pushing a lease programme which The Driven says is to get more EVs on Australian roads and boost Tesla’s flagging EV sales.
Stringent emission standards driving growth in aftermarket consumables
The Asia-Pacific (APAC) region is seeing stringent emission standards driving demand for aftermarket consumables to a 2.1% compound annual growth rate (CAGR) over 2023-2028, says data and analytics company GlobalData.
Custom Fleet to accelerate fleet decarbonisation
EV adoption in Australia and New Zealand is increasing, so Custom Fleet Australia and New Zealand, part of Element Group globally, reveals its top recommendations to support organisations and fleet decisionmakers to decarbonise their fleet as part of its 2024 Accelerating Fleet Decarbonisation Regional Spotlight on Australia and New Zealand.
Karmo acquires Motopool and $138m debt facility
Australian car subscription platform Karmo has secured a $138 million debt facility from the finance arms of Volkswagen and Toyota and has acquired rival Motopool.
FBT exemption boosting regional EV uptake
Fringe benefit tax (FBT) exemption has been boosting EV uptake among everyday Australians living in outer suburbs and regional centres, allowing them to afford EVs they would not have bought otherwise.
Chapel Corner Tyres performance exceeded expectations, says RPM Group
Australian automotive aftermarket firm RPM Automotive Group says its Chapel Corner Tyres $2.55 million earnout payment to vendors will be paid half in cash and half in equity.
Crowd funding begins for Australian electric boat
Australia’s first electric boat the Genevo E8 should begin construction early next year. The Australian-designed electric motor yacht Genevo E8 is going into the Equity Crowd Funding phase.
US restrictions could boost EV sales in Australia
BYD is expected to expand its offerings and dealerships in Australia as US president-elect Donald Trump aims to block Chinese brands selling cars to Americans. US president Joe Biden has quadrupled tariffs on Chinese-made EVs to 100% while Trump indicates he could increase these to 200%.
Zeekr 009 MPV pre-orders open in Australia
Zeekr’s luxury electric MPV, the Zeekr 009, is available for pre-order in Australia, with pricing from $135,900 for the seven-seat (two plus two plus three) all-wheel drive (AWD) and $139,900 for the six-seat (two plus two plus two) AWD model.
More government funding to electrify Australia’s heavy transport fleet
The Albanese Government is providing a $36 million funding boost to the Driving the Nation program, bringing available funding for heavy EV uptake in the logistics and delivery sectors to $100 million.