Brisbane-based electric vehicle charger manufacture Tritium will live, but under new Indian owners. New Delhi-based EV charger manufacturer Exicom has scored a bargain, snapping up the rival business, at one stage worth $2 billion before it was handed to administrators in April, for $45 million (US$30m). The acquisition will save around 300 Australian jobs, but will… Read more »
The receivers of Brisbane-based electric vehicle charging venture Tritium are hopeful of finding a buyer for the company, having stabilised the business and kept it trading. The 23-year-old business imploded last month after attempts to find a buyer fell through as it teetered on the brink of insolvency, despite being listed on the US Nasdaq, when… Read more »
Less than three years after listing on the US Nasdaq, Brisbane-based electric vehicle charging company Tritium has been placed in receivership in a spectacular collapse for the 23-year-old business. McGrathNicol Restructuring has appointed partners Shaun Fraser, Katherine Sozou, Matthew Hutton and Jamie Harris as receivers of Tritium DCFC Ltd (Nasdaq: DCFC), less than a day… Read more »
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