From Double Unicorn to Administration: EV Start-Up Darling Collapses

Last year, Nasdaq notified Tritium that it was not in compliance with the minimum bid price requirement.

A sign indicating an electric vehicle charging station parking bay in Albany, Western Australia, on April 19, 2024. Susan Mortimer/The Epoch Times

Electric vehicle fast-charger maker Tritium DCFC has entered voluntary administration, the second major Australian manufacturing company that collapsed in a week next to Qenos.

McGrathNicol Restructuring has designated partners Shaun Fraser, Katherine Sozou, Matthew Hutton and Jamie Harris as receivers of Tritium in less than a day while the fast-charger company hired Peter Gothard, James Dampney and William Colwel as administrators.