Australian charging pile manufacturer settles in Tennessee with a new plant with an annual output of up to 30,000 units

Financial Associated Press (Shanghai, editor Zhao Hao) news, on Tuesday (February 8) before the US stock market, Australian electric vehicle charging pile company Tritium DCFC Ltd. announced that it will build its first charging pile manufacturing plant in the United States in Lebanon, Tennessee, USA.

According to Tritium's plan, the plant will be equipped with six production lines, employ more than 500 employees over the next five years, and produce at least more than 10,000 DC fast charging piles per year, with a maximum capacity of 30,000 units.

Tritium CEO Jane Hunter said that in recent years, the U.S. demand surge, while the Biden administration also passed the infrastructure bill, her company decided to increase investment in the U.S. business, and eventually accelerated the company's plans to open a North American factory.

The White House wants to build a network of at least 500,000 electric vehicle charging stations by 2030. The Infrastructure Act's $65 billion will be spent on upgrading the national grid, $7 billion on strengthening the supply chain for electric vehicles, and $7.5 billion specifically for charging stations.

Tritium was listed on the NASDAQ exchange in January and plans to move some senior management positions to the U.S. Hunter told reporters, "This is a very big change for the company, and we see the North American market getting bigger next year, with the potential to even replace our traditional main source of revenue in Europe." ”

Tritium previously evaluated the locations where some of the new plants are located, including Texas. Eventually, the company decided to choose Tennessee because of its tax incentives, logistics advantages, and labor supply. Hunter added that many workers at the factory only need a few weeks of training to start making charging piles.

Tennessee Gov. Bill Lee said, "I welcome Tritium to Tennessee and thank the company for its commitment to creating more than 500 jobs. Our state's highly skilled workforce and position as a leader in the electric vehicle industry will continue to attract companies like Tritium to Tennessee. ”