RIP: Enova Electric Vehicle Bulk-Buy
Enova Community Energy was Australia’s first community-owned electricity retailer. It was a social enterprise, built from the ground up by the people, for the people.
Unfortunately in June 2022 it went into receivership. This is a shocking loss to the community and transition to net zero emmissions. Fortunately Enova’s not-for-profit arm, Enova Community, will remain in operation and continue to support community organisations via energy efficiency, education, and community projects. Proceeds from sales in the Enova bulk-buy are going towards this awesome work. All cars that have been contracted in the bulk-buy are being delivered and are un-affected by Enova energies closing.
Why has Enova closed (in the Enova teams words)
Many of you will have seen the media on the energy crisis currently affecting the east coast of Australia. Its impact on Enova’s ability to continue operating is unbearable. There are events happening in the energy market which have never been seen before, and the sustained and significant increase in the price of wholesale energy is expected to continue for some time.
There have been extreme and unexpected costs flowing from the unprecedented energy market conditions which has had an impact on Enova beyond what we are able to manage. Further, due to the prevailing market conditions, Enova has not been able to secure fixed pricing from 1 July 2022 meaning the business becomes fully exposed to the severely inflated wholesale energy prices on that date.
Together with the requirements of the Australian Energy Market Operator for Enova to provide security for future electricity purchases and the regulated cap on customer pricing, it has become unviable for Enova to continue.
The Enova Board and Leadership Team have worked tirelessly during this period to explore all options to secure the continuation of the business, with voluntary administration being the last resort to prevent the organisation from trading while insolvent.
NORTHERN NSW CAMPAIGN - END MAY 2022
Through COVID and Floods the Northern NSW EV bulk-buy was held. Thanks to all the folks who joined in or came to events. Cars are beind delivered to their happy owners. Check out some of the campaign events below>>
SHOW and SHINE EVENT - 30 April
Thanks to the three hundred people who came along to an amazing EV Show and Shine. Thanks to our community ambassadors and Enova community.
Check out our launch event
On 22 February we launched our bulk-buy. This great event featured special guests and EV advocates such as Giles Parkinson (thedriven.io), Christobel Munson (zeb.org) Felicity Stenning (Enova CEO) and the Mandy Nolan. You can view a recording of the launch below.
Check out our Q+A session
On 9 May, Goodcar co-founder Anton Vikstrom hosted a Q+A on the bulk-buy modesl and process. You can check the recording below.
Bulk-buy Q+A session
Want to know more? you can check out an hour long Q+A hosted on 9 May 2022.
What happens when you join into our SE QLD campaign?
We welcome you to the bulk-buy and help you make an informed decision. We arrange events, test drives, local video content and a plethora of information via email.
Order a car
For the folks that have signed up we arrange contracts and go shopping! Our team buys the best electric cars and arranges shipping to Australia.
Woo Hoo, SE QLD gets an influx of 100% electric cars. You can show off to your friends and drive away emissions-free. (If you have ordered a new Hyundai or Polestar EV then you may qualify for a much earlier delivery timeframe)