He told me that there had been organic growth in reservations for the ACE range of vehicles — the transformer van, the urban, the cargo, and the yewt. ACE has well over AU$13.6 million worth of reservations. He is in negotiations for a site in northern New South Wales where the vehicles can be assembled. Eventually, he plans to onshore all production. He says it is a little like whenThe transformer van was launched recently at the.
Getting his vehicles to market has been a battle. Greg told me that at one point he thought he might end up sleeping on a park bench, as all his assets have been poured into the project. Thankfully, with some federal government support, that has not happened. ACE received a AU$5 million grant from the federal government based on Australia’s obligation to the Paris climate accords. Independent Senator for South Australia Rex Patrick has been a staunch advocate and supporter.
Greg had to submit one of his Transformer vans for crash testing — a quarter-of-a-million-dollar exercise that included the prototype being destroyed to prove its crash worthiness.. “The result was a neat energy absorbing crumple, doors will still open and the windscreen is intact. The dummies had a few bruises from the airbags. A vehicle that engenders confidence, the V1 Transformer can be a business on wheels for Australia.
The Yewt is expected to come off the production line next year, followed by the Cargo and then the Urban. Initially, elements of the vehicles will be produced in Germany, China, and Taiwan and assembled in Australia. The batteries will be sourced from CATL. “Down the track,” the moulds and other production equipment will be brought to Australia for expanding local production.Greg is in good company — Janus, SEA, Savic, Fonz, Nextport, and OZ DIY, to name a few of its members.
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