Business
Australia’s GB Auto secures huge deal to convert Hilux utes and Land Cruisers to electric – The Driven
Vivopower confirms major deal for Australian mining vehicle company GB Auto to convert Toyota Hilux and Land Cruisers to electric drivetrains.
Australian mining vehicle company GB Auto has secured final approval for the proposed $US250 million ($A322 million) deal to convert Toyota Hilux and Land Cruisers to electric drivetrains.
Flagged in late December by Dutch firm Tembo 4×4, which creates electric conversion kits for Toyota utes, the official signing of the deal with parent company Vivopower saw the NASDAQ-listed company’s share price jump 31% on Monday (US time) to a high of $US18.22 ($A23.51).
GB Auto first caught The Driven’s attention…
-
Noosa News9 hours agoJessica Alba spotted filming spy thriller on the Gold Coast as cameras roll under iconic bridge
-
Noosa News21 hours agoTallest tower outside CBD approved for construction at 205 metres
-
Noosa News22 hours agoFarmgate Backpackers leads with integrity amid industry challenges
-
Noosa News15 hours agoGood Charlotte are Touring Australia and New Zealand in 2026