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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.
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.
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.
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.
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.
Lexus Australia has supplied an electric RZ 450e Sports Luxury SUV as the major prize for the Victoria Racing Club's (VRC) annual Pin & Win charity fundraiser.
Jaecoo launches in Australia early 2025 with its first model the J7 mid-sized SUV. The Jaecoo J7 has as many as seven drive modes and seats five adults in a cabin that also features a large vertically positioned touchscreen.
Hyundai Motor Company Australia (HMCA) and Europcar Mobility Australia have partnered to put hundreds of high-tech Hyundai EVs into Australian drivers’ hands. About 270 Hyundai Ioniqs will be placed in Europcar locations across the country – 120 Ioniq 5 SUVs and 150 Ioniq 6 sedans.
BMW Australia is adding a plug-in hybrid (PHEV) variant to its X3 lineup in Q1 2025. The new PHEV complements the X3 20 xDrive and M50 xDrive and is priced at about $102,500.
The Guangzhou Automobile Group Co (GAC) showed its Aion V electric SUV at Mobility Live 2024 in Melbourne (October 30-31) and GAC says it will enter the Australian market mid-2025.
