A Western Australian electric vehicle company that strived to refurbish utes into environmentally friendly equipment for the mining industry has gone under.
perth-based start-up Mining Electric Vehicle Company (MEVCO) launched in 2022 with plans to convert Toyota Hilux and LandCruiser utes to battery power.
MEVCO hoped to supply the mining sector with the revamped vehicles and attempted to strike a deal with Fortescue, but it did not work out.
This followed the mining giant having a trial with Rivian vehicles which were altered for mining specifications by MEVCO.
“Fortescue engaged MEVCO to trial three Rivian R1T vehicles for operational assessment within our Pilbara mining operations over a six-month period in 2025,” a Fortescue spokesperson said.
“Following performance testing, Fortescue determined not to proceed with further deployment of the vehicles.”
Western Australian firm BRI Ferrier was appointed as MEVCO’s liquidator on September 10.
Documents filed with the Australian Securities and Investments Commission show the startup had three HiLux utes and 13 Rivian R1Ts in its assets when it collapsed, alongside another four unnamed Rivian vehicles, Drive reported.
About fourteen individuals are owed almost half a million…
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