Image: CarExpert
Image: CarExpert
AutoExec Summary: ROEV has cancelled its ambitious plan to produce an electric Toyota HiLux in Australia due to insufficient funding, failing to secure the required $5 million for full-scale production. Despite solid orders and interest from mining companies, the startup is pivoting to software development, leveraging its fleet management tools. The CEO remains optimistic about future opportunities in electric vehicle solutions and emissions reduction.
Brands mentioned: Toyota
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