ACDC
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- Michael
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https://www.drive.com.au/news/austr...-bust-numerous-ev-utes-could-be-up-for-grabs/
A Perth start-up that hoped to supply Australia's mines with electric utes has entered administration, owing millions of dollars and with more than a dozen Rivian utes left on its list of assets.
Mining Electric Vehicle Company (MEVCO) was established in 2022 to sell electric utes to mining companies, commencing its operations with plans in 2023 to distribute 8500 Toyota HiLux and LandCruiser utes converted to battery power.
In April 2024, it announced a deal with Rivian that would see MEVCO modify the R1T – produced exclusively in left-hand drive – to mining specifications, targeting mining operations in Australia and North America.
Documents lodged with the Australian Securities and Investments Commission (ASIC) show the firm entered administration on September 10, 2025, with three HiLux utes and 13 R1Ts in the company's assets.
The paperwork lists a further four unnamed Rivian vehicles, at least one of which is believed to be a van.
A Perth start-up that hoped to supply Australia's mines with electric utes has entered administration, owing millions of dollars and with more than a dozen Rivian utes left on its list of assets.
Mining Electric Vehicle Company (MEVCO) was established in 2022 to sell electric utes to mining companies, commencing its operations with plans in 2023 to distribute 8500 Toyota HiLux and LandCruiser utes converted to battery power.
In April 2024, it announced a deal with Rivian that would see MEVCO modify the R1T – produced exclusively in left-hand drive – to mining specifications, targeting mining operations in Australia and North America.
Documents lodged with the Australian Securities and Investments Commission (ASIC) show the firm entered administration on September 10, 2025, with three HiLux utes and 13 R1Ts in the company's assets.
The paperwork lists a further four unnamed Rivian vehicles, at least one of which is believed to be a van.
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