Electric vehicle company BossCap has been placed into receivership, suspending all its operations and leaving more than 100 jobs at risk.

The Brisbane-based company said the collapse on March 17 was out of their control.

‘A sudden change in global production strategy from Ford materially impacted the availability of the underlying platform the business relied on,’ they said in a statement. 

‘This decision, which was outside BossCap’s control, removed the foundation of future supply and significantly disrupted the company’s forward pipeline, despite strong market interest and growing sales momentum.’

Mark Holland and Anthony Connelly of McGrathNicol, appointed receivers and managers, are currently undertaking an assessment of the business.

More to come 

Electric vehicle company BossCap has been placed into receivership, leaving more than 100 jobs at risk