As we begin to emerge from the COVID-19 pandemic, Australia is looking to boost its manufacturing capacity in areas such as medical manufacturing and low-emissions technologies including clean hydrogen. This is good news for Australia’s science and research community. It is an enormous opportunity. It is also a considerable challenge and responsibility.
Australian battery electric bus manufacturer Custom Denning is to launch its zero-emission Element battery electric bus in the United Kingdom followed by a hydrogen fuel cell version, according to media reports in the UK motoring press. Route One reported the first demonstrator was likely to arrive in the UK in 2022. In October the company,…
Electric vehicle drive manufacturer SEA Electric Holdings has raised $54 million (US$42 million) to supercharge its market expansion as a global player in the rapid switch to electric powered trucks and vans. In November the company announced it had closed the first $20 million of a proposed $30 million series A funding round led by…
The Waurn Ponds startup hub, Manufutures, will get an expansion, with construction on a second building scheduled to begin in September.
Comment by Peter Roberts Oh what could have been! General Motors and the National Motor Museum at Birdwood in the Adelaide Hills have partnered on a must-see exhibition of automotive metal that makes you just think how different things could have been. The partnership is with GM because Holden ceased to exist from January 1…
Treasury Wine Estates, the maker of Penfolds wines, has moved towards a premium brand model for its extensive American multi-brand wine portfolio. The company, which is wrestling with the fallout of China’s punitive tariffs against Australian wine imports, has reached a long-term licensing agreement with The Wine Group to take over several of TWE’s commercial…
the first of five Medivac variants of the Bushmaster armoured vehicle (pictured) has rolled out of Thales’ factory in Bendigo, Victoria. Destined for the Netherlands, the Medivac is a hospital on wheels built for the battlefield and is is distinguishable as the first Bushmaster with front doors. The $14 million order brings to 100 the…
Prohelion will make solar racing products from fast charger company Tritium under the Prohelion brand.
By Denham Sadler The $540 million Australian Business Growth Fund is about to turn on the taps, with its first investment of “patient capital” expected to be made by the end of the financial year. First announced by the Coalition as part of the 2019 election campaign, the Australian Business Growth Fund (ABGF) will make…
Professional services firm GHD Group is to become a cornerstone investor in hydrogen electrolyser and storage system manufacturer Lavo. The equity investment is part of LAVO’s $50 million Series A capital raise now underway, with the firm joining Providence Asset Group, UNSW, and Gowings Bros as investors. In addition to holding an equity stake in…
