Australia Is One Step Closer to Getting a Dedicated EV Battery Manufacturing Facility [Video]

Australia is making progress towards having its own EV battery manufacturing facility after the federal government announced an investment to help manufacture renewable energy technologies locally.

The federal government awarded $14 million to Powering Australia to establish the Powering Australia Industry Growth Centre, which is planned as a throughline between critical mineral producers and manufacturing companies.

This is one of the essential steps being undertaken to establish local renewables and battery production and will be an important factor for local EV component manufacture.

As we’ve reported, Australia has an abundance of rare earths and essential battery minerals, elements like lithium, nickel, and cobalt. So much so that, at the time of writing, Australia is the world’s largest lithium exporter.

While we’re exporting our lithium and battery materials, however, we only have one company in the country that’s leveragingour local supply with on-shore factories. The rest goes overseas, to countries like China, where the materials are then refined and …