Australia’s largest used electric vehicle (EV) importer plans to significantly increase the number of cars it brings here, after pouring in $10 million.
Tasmania was founded by Tasmania Good Car Company imported used EVs to Australia as parallel imports, also known as gray imports, from Japan and the UK to accelerate domestic EV consumption.
Good Car Company expects this multi-million dollar investment to help it increase the number of used cars imported domestically from 200 to about 2,000 annually.
$10 million in funding came from Australian philanthropic venture firm Boundless, which is backed by Australian billionaire Mike Cannon-Brookes.
Canva co-founder Cameron Adams and former Canva advisor Lisa Miller have also committed an additional $1 million to the Australian startup.
Good Car Company currently imports a number of used electric vehicles that are not domestically supplied, such as some Nissan Leaf hatchback variants, as well as the Nissan eNV200 and Peugeot e-Expert commercial vans.
These used electric vehicles are manufactured by The Good Car Co. Imports from Japan and the UK to Australia from Japan and the UK are sold on their website, as well as through a series of community-based “bulk buy” campaigns around the country.
The starting price for one of these imported used EVs is claimed to be $20,000, though the company points out that, through collective purchases at bulk buying campaigns, it can cut down the costs.
All used imported electric cars sold by Xe Tot Company are provided with “comprehensive consumer protection”.
The company now offers a seven-day return policy, tested high-voltage batteries, battery and mechanical warranties of duration depending on model, 12 months of roadside assistance through NRMA, warranty notice maintenance and recovery.
Good Car Company predicts that there will be more used EVs available in Australia to buy on their website from early 2023.
A spokesperson for Good Car Company said it had initially encountered some “difficult problems” related to changing parallel import regulations, but has since resolved the issues.
The spokesperson said the company has also undergone a number of inquiries from agencies such as the Federal Chamber of Automotive Industry (FCAI) about its business, but the company’s view is that it is helping to grow. electric vehicle consumption in Australia.
In addition to selling imported used electric vehicles, Good Car Company also supplies new electric vehicles sourced from official local channels for purchase, rental and fleet registration models.
Good Car Company says, to accelerate wider EV adoption, the Federal Government proposed fuel economy standards will be very important.
The latest development on this front is The federal government releases a consultation document designed to shape the country’s first Electric Vehicle National Strategy.
Although some automakers, such as Volkswagen Groupsays its headquarters wants to send supply-constrained electric vehicles to areas where they are penalized for exceeding the average CO2 levels in their fleet, EVs capture a record 7.7% market share of the Australian new car market in September.