GoZero Group

GoZero Group
North Sydney Bus Charters Nexport bodied BYD D9RA in September 2024
Formerly	TrueGreen Impact Group TrueGreen Mobility Limited Go Zero Group Limited Land Energia Limited
Founded	2019
Headquarters	The Rocks, New South Wales , Australia
Key people	Stephen Cartwright (Managing Director and Chairman)
Products	Urban buses, electric buses
Services	Design and manufacture bus bodies; bus assembly
Subsidiaries	BusTech Nexport North Sydney Bus Charters
Website	gozerogroup.com.au

GoZero Group is an Australian group of companies specialising in zero-emission vehicles, including electric bus manufacturing and charter bus operations. The company was incorporated in 2020 as TrueGreen Impact Group Limited and was renamed Land Energia Pty Ltd in 2025 following a series of corporate name changes.

History

In 2019, TrueGreen Impact Group was established by Kirk Tsihlis. It was spun out and rebranded as GoZero Group in 2023.

Its subsidiaries and operations are:

• GoZero - consultant on zero emissions
• North Sydney Bus Charters - charter bus company in Sydney, acquired in August 2023
• Nexport Mobility - electric bus manufacturer, appointed as a preferred supplier of electric buses for Transport for NSW since March 2024
• BusTech - bus manufacturer in South Australia and Queensland, acquired in 2025
• Gemilang Australia - manufacturer of bus bodies in Australia. Formed in September 2009, it was previously 50% owned by Malaysia's Gemilang Coachworks until June 2019. It has also since entered a long-term distribution agreement with Gemilang Coachworks for the supply of the latter's part-assembled knock-down bus kits to the former for assembly in Australia.

GoZero Group also 50% of Foton Mobility Distribution Australia, an importer and distributor of Foton Mobility light commercial electric trucks and hydrogen buses in Australia.

In February 2025, it was announced that GoZero Group will be acquired by hydrogen holding company United H2 Limited (UHL), with the latter planned to be rebranded as New Energy Opportunities Limited (NEO). There would be no change in GoZero Group's management or board with day-to-day operations. GoZero Group also plans to pursue an initial public offering in mid-2025.^{[needs update]}

In subsequent reporting, The Australian Financial Review stated that Amicaa, which had been involved in arranging debt financing for the transaction, withdrew its support.

The Fifth Estate reported that the withdrawal of support was linked to reputational concerns associated with long-term involvement of founder Kirk Tsihlis with the bus group.

Following the withdrawal of financing support, the proposed acquisition did not proceed as originally announced.

Corporate history

The entity currently registered as Land Energia Pty Ltd (ACN 643 894 339) has undergone a series of name changes recorded by the Australian Securities and Investments Commission (ASIC):

• TRUEGREEN IMPACT GROUP LIMITED (31 August 2020 – 17 February 2021)
• TRUEGREEN MOBILITY LIMITED (18 February 2021 – 31 October 2023)
• GO ZERO GROUP LIMITED (1 November 2023 – 29 June 2025)
• LAND ENERGIA LIMITED (30 June 2025 – 14 August 2025)
• LAND ENERGIA PTY LTD (effective 15 August 2025)

Ownership and shareholding

As of 20 February 2026, Land Energia Pty Ltd (ACN 643 894 339) has 841,167 issued ordinary shares.

Members recorded in the extract include:

• Halifax Capital Pty Ltd (ACN 089 021 358) – 750,000 ordinary shares (not beneficially held), fully paid.
• St Baker Energy Holdings Pty Ltd (ACN 010 165 554) – 66,667 ordinary shares (not beneficially held), fully paid.
• Stephen Michael Cartwright – 12,250 ordinary shares (beneficially held), fully paid.
• Geoffrey Martyn Nesbitt – 12,250 ordinary shares (beneficially held), fully paid.

Halifax Capital Pty Ltd is recorded by ASIC extract as "Externally Administered".

Corporate structure

ASIC company extracts dated 20 February 2026 record GoZero Group Holdings Pty Ltd (ACN 687 597 520) as the ultimate holding company of:

• Nexport Pty Ltd (ACN 628 878 553)

• North Sydney Bus Charter Pty Ltd (ACN 101 063 441)

• Bustech Australia Pty Ltd (ACN 681 553 604)

Directors

Nexport

Nexport was established was established in 2019 to assemble electric buses. It planned to build an electric vehicle manufacturing plant in the Southern Highlands, but did not proceed after failing to attract government subsidies.

In February 2021, Nexport signed an agreement to distribute BYD electric passenger vehicles in Australia and New Zealand. In July 2021 Nexport signed a partnership with Alexander Dennis to assemble the latter's Enviro family on BYD chassis for the Australian market.

References

External links

• Official website
• Gemilang Australia
• Nexport