$532 million committed to National Battery Strategy, but no plan yet on how to reclaim supply chain

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$532 million committed to National Battery Strategy, but no plan yet on how to reclaim supply chain

May 23, 2024 - 15:04 By ABC NEWS (Australia)

Battery production will get a $500 million boost from the Federal government as part of a newly released national battery strategy. The funding will be a tax incentive for production, but the details of the scheme remain unknown.