Second hand electric car importer Good Car wins $11 million extra funding

Electrical automobile gross sales in Australia are taking off and every year there are extra reasonably priced fashions in the stores new direct from the producer or vendor.

Nonetheless on the present lowest worth of about $45000 driveaway, electrical vehicles are nonetheless out of the price range vary for a lot of Australians.

That’s the place the Good Automobile Firm is available in. They’re Australia’s largest importer of second-hand electrical autos (EVs) placing electrical autos inside monetary attain of normal Australian households, and interesting on the neighborhood degree to ship impactful decarbonisation of transport by means of EV bulk buys.

At the moment they’ve introduced that they’ve received $11 million in new funding ($10 million from Boundless and $1 million from Cameron Adams & Lisa Miller) that can allow them to import 10 instances as many used electrical vehicles every year, from a number of hundred now to a number of thousand subsequent yr onwards.

Boundless Eytan Lenko CEO stated:

“At Boundless, our investments, initiatives, and partnerships are laser-focused on guaranteeing Australia turns into a renewable power superpower by 2030.

With transport accounting for 18% of Australia’s emissions, we knew our first precedence needed to be bridging the rising hole between demand for EVs amongst Australians and the availability obtainable inside an attainable worth level.

Cameron Adams, co-founder of Canva and Lisa Miller ex-canva mentor and environmental change-agent commented:

“It was extremely thrilling to satisfy a trio of entrepreneurs tackling local weather change and electrification in our personal yard, and we now have been enthusiastic supporters ever since.

The Good Automobile Firm’s dedication in the direction of motion and altering the present state of play one automobile at a time is strictly what Australia wants proper now.”

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