Who takes over Tritium, the titan house of EV charger manufacturing in Australia?

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Who takes over Tritium, the titan house of EV charger manufacturing in Australia?
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Tritium was viewed as a national success story and its collapse leaves a significant gap: “Who’s going to fill that space when we’re trying to build the charging network?”

Less than a year after Labor was catapulted into power, Prime Minister Anthony Albanese headed back to Tritium’s headquarters in Brisbane to spruik yet again his government’s key election commitment – a $15 billion National Reconstruction Fund to support the nation’s ailing manufacturing sector.

Queensland Senator Nita Green and Prime Minister Anthony Albanese touring the Brisbane facilities of Tritium with its chief executive Jane Hunter in March 2023.By the end of that year, the company was struggling to raise capital from governments or investors, being threatened with delisting from the Nasdaq, and eventually forced to shut down its Brisbane manufacturing plant, laying off 200 staff, to consolidate its operations in the United States as a last-ditch effort to save itself.

Tritium was viewed as a national success story by state and federal politicians. The company had claimed it was the second-largest producer of charging infrastructure outside China, and owned and operated three-quarters of EV chargers across Australia. The collapse of Tritium as a business model will be raked over, but the real question for the rest of us transitioning to a low carbon economy is: how do we grow this critical industry in a nation where EV uptake had for far too long been too low, and what are the lessons from the once titan house of fast-charger manufacturing?“Having had such a significant market share of EV charging in Australia, if they do just disappear now, who’s going to fill that space when we’re trying to build the...

It is one of the reasons why NSW and Victoria last year scrapped $3000 subsidies for drivers who buy new EVs and redirected some of the savings to roll out more charging stations in public spaces. “Our immediate focus is to stabilise operations and work closely with Tritium’s employees, customers and suppliers as we attempt to secure the best possible outcome for all parties,” Fraser said in a statement after Tritium’s collapse was announced last week.

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