Australian Electric Vehicle Specialists Pty Ltd, ACN 653 162 666, which trades as Australian EVS, entered voluntary administration on 12 October. James Alexander Shaw and Jeffrey Allan Shute of Shaw Gidley were appointed by the company.
Ten months earlier, it raised $325,000 from 172 investors through the OnMarket crowdfunding platform. In March, the Net Zero Economy Authority published a case study on the business, reporting that it had grown to 16 staff and doubled its workshop space.
If you hold an order, a deposit, an unpaid invoice or shares in Australian EVS, your position now runs through the administration, and the legal company on your paperwork is Australian Electric Vehicle Specialists Pty Ltd.
The first creditors' meeting is at 12pm on 22 October in Charlestown, with proofs and proxies due on 21 October.
Is Australian EVS in liquidation? No. In a voluntary administration the administrators take control of the company, investigate its position and report to creditors, who then decide its future. Under the Corporations Act, the administrators must then call a second meeting, ordinarily within about five weeks of their appointment, at which creditors decide whether the company executes a deed of company arrangement, returns to its directors or is wound up.
What the company built
The company was registered in August 2021 and has held the Australian EVS business name since then.
Australian EVS converts vehicles to electric drive, often vehicles 20 to 30 years old that cannot be bought new in electric form.
The federal case study lists classic cars such as MGBs, Jaguar E-Types, Porsches and Land Rovers, and new Toyota LandCruisers and Nissan Patrols.
The company also sells conversion kits it calls e-Kits, builds mobile battery and EV-charging trailers it calls e-Pods, and consults to fleets planning a move to electric vehicles. The case study describes the business as growing out of fleet consulting.
In June 2025 its main business location on the Australian Business Register moved from postcode 2284 to postcode 2322, both in the Newcastle and Lake Macquarie area.
Its registered trade mark, number 2487916, AUSTRALIAN EVS DRIVING EV TRANSORMATION [sic], was registered in May 2025 and is owned by the company.
The business name Australian EVS is still registered to the company, although ASIC's notice describes it as a former trading name.
A federal case study, March 2026
On 3 March 2026, the Net Zero Economy Authority published a case study on the company.
It reported that Australian EVS had grown in four years "to 16 staff members and doubled their workshop space", that its five engineers had competed in Formula Student, and that it had converted a brand-new 2025 Toyota LandCruiser 79 Series to electric power with "3 times more power than the V8 diesel, with a quarter of the running costs".
It also noted the company had been named Outstanding Start-Up Business of the Year at the 2025 Hunter Manufacturing Awards.
Seven months later, the company appointed administrators.
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The company's offer page, November 2025
In November 2025, while registrations were open for its crowdfunding offer, an archived OnMarket page attributed to the company described:
Revenue of $490,000 in the first quarter of FY2026 (July to September 2025), with positive EBIT, meaning earnings before interest and tax.
A budget of $1.5 million in revenue for FY2026.
Eight months of forward work "already confirmed".
More than $700,000 spent on research and development.
A team grown to 16, and a second warehouse.
"IGP and R&D grants from the government", and a recently awarded Australian Made certificate.
These are the company's own statements on a promotional page, not audited results, and the later administration is not a finding about them.
Crowd-sourced funding lets an eligible unlisted company raise up to $5 million in a 12-month period from the public through a licensed intermediary, in this case OnMarket.
Under Australia's crowd-sourced funding rules, a retail investor can put at most $10,000 into one company in a 12-month period, and the company must publish an offer document that includes financial information. That offer document is the fuller record of the offer.
172 investors, $325,000
OnMarket records the offer as closed in December 2025, raising $325,000 from 172 investors.
Those investors bought shares. In any insolvency, shareholders rank behind creditors, so their position depends on what the administration finds and what creditors decide.
Who is affected
The 172 investors, whose shares rank behind every creditor. Shareholders receive anything only after creditors are paid in full.
Customers, including anyone with a current order or paid deposit, should check the legal entity on their agreement and contact the administrators. The public record does not establish any unfinished conversion or unpaid refund.
Suppliers and staff, whose claims are against the same company. Supplies made after 12 October are a matter for the administrators, who are personally liable for debts they incur for goods and services while they run the company. The company had 16 staff in March, according to the federal case study, and in a liquidation employee entitlements rank ahead of ordinary unsecured creditors.
Days are business days. Dates are those in the notice and may change.
What remains unresolved
The company's financial position at appointment, which the administrators' report to creditors will set out.
What happens to the conversion technology, the e-Pod battery trailers and the work in progress.
Whether creditors will be offered a deed of company arrangement, or the business, its assets and its trade mark will be offered for sale.
Why the company entered administration.
Australian EVS built electric drivetrains for vehicles that cannot be bought new in electric form. Whether that work continues now rests with the administrators and, from 22 October, with its creditors.
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We publish public-record information, not advice. The administrators are the authoritative source on the administration, and nothing here is a statement about the accuracy of the company's past statements, about any party's conduct or about any party's claim.
Sources and records
ASIC notice, Australian Electric Vehicle Specialists Pty Ltd, October 2026: the appointment, administrators and first meeting.
OnMarket past transactions: $325,000 from 172 investors, closed December 2025.
OnMarket offer page, archived 15 November 2025: the company's revenue, EBIT, budget and forward-work statements.
ASIC company register, Australian Business Register and business names register: registration, ABN, location and the Australian EVS business name.
