Investment highlights:
Experienced mechanics will pick up customers’ cars from their driveway and return them fully reconditioned, optimised and with a longer operational life.
The proven process just takes 2-3 months for converting any classic pre-1996 vehicle to electric power, using an industry-leading Tesla battery.
Meets the global shift to electric vehicles, which will see historic car owners convert their vehicles to avoid excessive taxes and fuel prices.
There are approximately 1.3m vehicles 30 or more years old still fully registered in Australia with most owned by enthusiasts.
At the Australian Historic Motoring Federation 2021 AGM, they discussed electric conversions and the future of their club/funding based on government regulations.
Finalising the conversion of a Series three ex Aus Army Perentie 110, which will be sold.
Substantial market demand with a waiting list of customers.
Numbers indicate the annual spend on Australian historic cars is A$2.2b.
