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NSW is getting an electric car manufacturing facility worth $700 million
News
20th Oct 2020
3 min read

NSW is getting an electric car manufacturing facility worth $700 million

There's a grand plan afoot to bring automotive manufacturing back to Australia, with the announcement of a new $700 million facility in New South Wales dedicated solely to the local production of electric cars. The facility will be owned and operated by Nexport, an electric bus company launched in 2018 that's currently working to assist the NSW government with its plans to electrify the state's 8000-strong public bus fleet.
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Susannah Guthrie
Toyota electric models revealed in patent filing
News
24th Jun 2020
2 min read

Toyota electric models revealed in patent filing

Two new electric vehicles from Toyota have surfaced overnight after patent sketches were filed in China. Based on the e-TNGA platform, the sketches from Toyota show what appears to be a large SUV – possibly a seven seat model – and a smaller SUV with a sloped back. The fronts of both vehicles share similar design language to Lexus models.
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Ben Zachariah
Samsung to purchase stake in electric car maker BYD - reports
News
19th Jul 2016
2 min read

Samsung to purchase stake in electric car maker BYD - reports

Samsung will reportedly purchase a 4 percent stake in Chinese electric car maker BYD. According to Reuters, Samsung confirmed late last week that it was in talks about purchasing a holding in Chinese automaker BYD. The Korean company will purchase its stake through a share offering that BYD is using to raise around US$2.4 billion ($3.2 billion) in cash.
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Derek Fung
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