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Update on National EV Strategy boosts local manufacturing

The National Electric Vehicle Strategy (the Strategy) update for 2023-24 has been released, showcasing a period of rapid evolution in Australia’s electric vehicle (EV) landscape. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.