Article 64E2V Foundation backed by Mike Cannon-Brookes invests $10m in bid to cut secondhand electric car cost

Foundation backed by Mike Cannon-Brookes invests $10m in bid to cut secondhand electric car cost

by
Royce Kurmelovs
from on (#64E2V)

Good Car Company plans to run a batch-buy program that would source cars from Japan and the UK

A philanthropic foundation backed by Mike Cannon-Brookes has invested $10m into Tasmanian startup the Good Car company to help slash the cost of secondhand electric vehicles in Australia.

The announcement from Boundless on Thursday follows months of signalling by Cannon-Brookes that he was prepared to invest large sums into businesses addressing aspects of the carbon transition.

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