Carbon Revolution rushes to raise $25 million in virus response

When the going gets tough, the tough get going. Only a few months after listing carbon fibre composite automotive wheel manufacturer Carbon Revolution has completed a rushed $25 million capital raising. The company completed a non-underwritten institutional share placement ‘to position the company as strongly as possible to deal with the impacts on the business…

Brumbee solves electric hub motor issues, looks for partners

Sydney technology developer Barry Westlake has developed and tested a prototype electric vehicle which overcomes many of the problems first faced more than a century ago by motoring pioneer Ferdinand Porsche. Westlake, director of BAAD Concepts Pty Limited, has developed a fully electric, light weight medium compact vehicle capable of driving over all terrain from…

Vale Holden: how America’s General Motors sold us the Australian dream

Jack Fahey, La Trobe University General Motors has announced the Holden brand will be “retired” in 2021. This week’s announcement has been a long time coming. The Holden brand has been in a state of terminal decline since General Motors ceased local manufacturing in October 2017. A once-dominant presence in the everyday life of Australians,…