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Fast-Charger Maker Speeds Up U.S. Factory Plans as Demand Booms - Bloomberg

Australian fast-charger maker Tritium Pty will accelerate plans to open a U.S. manufacturing plant to meet booming demand in the world’s third-largest electric vehicle market and avoid supply chain bottlenecks.

The Brisbane-based group, whose customers include Royal Dutch Shell Plc and Siemens AG, seeks to avoid global shipping issues with the move, Chief Executive Officer Jane Hunter said in a Bloomberg Television interview. The new facility should also help the company meet its ambitious growth targets by maintaining market shares of 15% in the U.S. and 20% in Europe.

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December 21, 2021 at 08:00AM
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Fast-Charger Maker Speeds Up U.S. Factory Plans as Demand Booms - Bloomberg
"Factory" - Google News
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