Exit / M&A
Tritium EV manufacturer falls to overseas control
Brisbane EV charger maker Tritium is being taken over by India's Exicom through a Dutch subsidiary, handing the buyer a US factory plus an Australian engineering centre.
Company
Tritium DCFC
Brisbane, QLD
Funding history
-
Shutdown
Investors
Every investor coverage indicates participated in a round Tritium DCFC raised.
What Tritium DCFC bought
Companies Tritium DCFC acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Jane Hunter | CEO | RenewEconomy, @AuManufacturing (19 Apr 2024), @AuManufacturing (31 Jan 2022) |
| Glen Casey | Chief Operating Officer | @AuManufacturing |
Coverage
Stories naming Tritium DCFC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
News
Tritium receivers confident of selling the business
Receivers of collapsed Australian EV charger maker Tritium say the business is stabilised and attracting buyer interest; creditor claims include CBA and shareholder Trevor St Baker.
Exit / M&A
Tritium’s rapid rise and spectacular collapse will be a lesson for Labor’s Made in Australia campaign
EV charger maker Tritium has collapsed into administration: KPMG controls its Australian units and McGrathNicol will look for a buyer, after losses, a refused bailout and a failed fight to keep its Nasdaq listing.
Exit / M&A
Tritium's rapid rise and collapse is over – goes into administration
EV charger maker Tritium DCFC has collapsed into administration, with KPMG appointees taking control of its Australian subsidiaries, after losses, a troubled US expansion, and a failed bid for Queensland government support.
Funding announcement
Manufacturing news briefs – stories you might have missed
Manufacturing roundup covering Hexagon's blue hydrogen plans, Tritium appointing a new COO, a Fortescue-Airbus green hydrogen alliance, and Calix gaining registration for its crop protection product.
Grant
$5m
Manufacturing news briefs – stories you might have missed
Manufacturing roundup covering Tritium's Nasdaq listing via SPAC merger, LAVO's NSW government grant, AnteoTech's regulator request, Osteopore's quarterly revenue, a JAT-Pinnacle dairy partnership, and 2021 Australian EV sales figures.