GoZero Group
 | |
 Gemilang/Nexport bodied BYD D9RA operated by North Sydney Bus Charters (NSBC), September 2024. Gemilang, Nexport and NSBC are companies of GoZero Group | |
| Predecessor | TrueGreen Impact Group |
|---|---|
| Founded | 2023 |
| Headquarters | C2, 185 Gloucester Street, The Rocks (headquarters) , 2A Glendenning Road, Glendenning (factory), New South Wales |
Area served | Sydney |
Key people | Stephen Cartwright (Managing Director and Executive Chairman) |
| Products | Urban buses, electric buses |
| Services | Design and manufacture bus bodies; bus assembly |
| Subsidiaries | North Sydney Bus Charters BusTech Nexport Mobility Gemilang Australia |
| Website | gozerogroup |
GoZero Group is an Australian group of companies specialising in zero emission vehicles, including electric bus manufacturing, and charter bus operations. Formed in 2019 as the TrueGreen Impact Group (consortium) by Kirk Tsihlis, it was spun out and rebranded as GoZero Group in 2023.[1][2][3][4]
Its subsidiaries and operations are:[5]
- GoZero - consultant on zero emissions, including "operational analysis & advisory", "energy advice and implementation" and "asset procurement" etc.
- North Sydney Bus Charters - charter bus company in Sydney, acquired in August 2023[6]
- Nexport Mobility - electric bus manufacturer, appointed as a preferred supplier of electric buses for Transport for NSW since March 2024[7]
- BusTech - bus manufacturer in South Australian and Queensland, acquired in 2024[8]
- Gemilang Australia - manufacturer of bus bodies in Australia. Formed in September 2009, it was previously 50% owned by Malaysia's Gemilang Coachworks until June 2019.[9][10] It has also since entered a long-term distribution agreement with Gemilang Coachworks for the supply of the latter's part-assembled knock-down bus kits to the former for assembly in Australia.
GoZero Group is also an importer and distributor of Foton's light commercial electric trucks and hydrogen buses in Australia.
Since 2021, TrueGreen (and later GoZero) had been considering a initial public offer (IPO) as an option to raise capital.[11] The IPO was put on hold in late 2021 "due to shaky equity markets, fewer-than-expected manufacturing contacts from state governments and a restructuring of the company".[12]
In July 2021, Nexport signed a partnership with Alexander Dennis to assemble the latter's Enviro family on BYD chassis for the Australian market.[13]
References
[edit]- ^ "EV bus builder Nexport embraces "consultative sales", new designs to lighten heavy transport loads". Business News Australia. 4 May 2023. Retrieved 26 September 2024.
- ^ "Flyers for EV outfit GoZero hit inboxes; 50pc margin uplift predicted". Australian Financial Review. 7 November 2023. Retrieved 26 September 2024.
- ^ "The Ozempic effect". Letter of intent. Retrieved 26 September 2024.
- ^ "Nexport expands horizons with new division GoZero". Australasian Bus and Coach. 15 August 2023. Retrieved 26 September 2024.
- ^ "Our Businesses". GoZero Group. 26 July 2023. Retrieved 26 September 2024.
- ^ "North Sydney Bus Charters acquired by EV bus outfit". GoZero Group. 3 August 2023. Retrieved 26 September 2024.
- ^ "GoZero appointed Transport for NSW preferred bus supplier". GoZero Group. 22 March 2024. Retrieved 26 September 2024.
- ^ "BusTech finds buyer, acquisition approved". Australasian Bus and Coach. 18 September 2024.
- ^ "Global Offering" (PDF). HKEX News. Gemilang International Limited. 31 October 2016. p. 107. Archived (PDF) from the original on 26 September 2024. Retrieved 26 September 2024.
- ^ "Bus body builder now 100 per cent fully Australian". Australasian Bus and Coach. 3 July 2019. Retrieved 26 September 2024.
- ^ "TrueGreen secures $110m in new funding to advance Nexport Mobility Group to IPO and deliver electric vehicle advanced manufacturing for NSW" (PDF). Nexport. 22 July 2021. Retrieved 26 September 2024.
- ^ "EV outfit GoZero says IPO not the only option for future financing". Australian Financial Review. 7 November 2023. Retrieved 26 September 2024.
- ^ "UK heritage centre and Australian partnership for ADL". Coach & Bus Week. 27 July 2021. Retrieved 24 August 2021.