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AAP
AAP
Business
Jennifer Dudley-Nicholson

Big demand for electric utes in $1bn deal

Toyota Australia Chris Jones
MEVCO will convert thousands of Toyota diesel utes to electric in a deal worth almost $1 billion. (PR HANDOUT IMAGE PHOTO) (AAP)

An Australian company will convert 8,500 diesel utes to electric over the next five years in a deal worth almost $1 billion.

Melbourne-based SEA Australia announced its agreement with mining supplier MEVCO on Wednesday, also revealing the converted Toyota HiLux and LandCruiser vehicles had been so popular that half its 2023 allocation had already sold.

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