The corporate has been in enterprise since 2012.
An electrical automobile (inventory picture) (Picture: Getty)
An electrical automobile producer plunged into receivership, an exterior type of administration, having been in enterprise since 2012.
Brisbane automotive producer BossCap has been positioned into receivership, with all operations suspended, Yahoo Finance reported. The corporate was Australia’s first all-electric automobile upfitter and was main the cost in changing electrical automobiles from left to right-hand drive, it was additionally mentioned.
The corporate has now been positioned into receivership, after a “sudden change in international manufacturing technique from Ford,” Yahoo Finance additionally added.
A press release from the receivers quoted by Yahoo Finance learn: “We remorse to advise that the BOSSCAP Group was positioned into receivership on 17 March 2026. Accordingly, operations have been suspended while the Receivers undertake an evaluation of the enterprise. At this stage, BOSSCAP is unable to undertake guarantee restore works.” Mark Holland and Anthony Connelly of McGrathNicol have been appointed receivers and managers. BossCap introduced in July final yr that it might adapt Tesla’s Mannequin Y to make the EV compliant to be used within the mining trade.
“With Labor reaffirming its dedication to internet zero and a extra aggressive Safeguard Mechanism, mining operators have a transparent alternative: evolve or fall behind. Our electrical ute provides them a sensible, compliant, and future-proof path ahead,” BossCap Group CEO Edward Kocwa mentioned on the time, Yahoo Finance reported.
The corporate additionally introduced a partnership with Hyundai Motor Firm Australia to adapt its XCIENT Gasoline Cell hydrogen truck to swimsuit Australia’s street situations and regulatory requirements, the identical outlet mentioned.
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It additionally defined how BossCap had offers with airports and mining firms throughout the nation, together with partnering with the UN through a neighborhood vendor in Samoa to get automobiles to behave as back-up mills for properties.
BossCap Group CEO Edward Kocwa is a well known title within the American soccer faculty circuit. He then entered the automobile manufacturing house.
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