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The Guardian - AU
The Guardian - AU
Environment
Royce Kurmelovs

Foundation backed by Mike Cannon-Brookes invests $10m in bid to cut secondhand electric car cost

Sam Whitehead, Anthony Broese van Groenou and Anton Vikstrom of the Good Car Company.
Sam Whitehead, Anthony Broese van Groenou and Anton Vikstrom of the Good Car Company. Photograph: Miss Aura Photography

A philanthropic foundation backed by Mike Cannon-Brookes has invested $10m into Tasmanian startup the Good Car company to help slash the cost of secondhand electric vehicles in Australia.

The announcement from Boundless on Thursday follows months of signalling by Cannon-Brookes that he was prepared to invest large sums into businesses addressing aspects of the carbon transition.

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