Tritium charging company

Tritium went public in 2021 at $10. It now trades for $0.20/share.

While the company has warned it may be forced to close its Australian factory and move its headquarters overseas to ensure its financial survival, it is understood the request to the Palaszczuk government is unlikely to be successful…

“To keep sovereign manufacturing capability, Australia will have to put money and legislation into it because just like [funding under America’s Inflation Reduction Act] that’s the only reason people are into factories over there.”…

Tritium has its headquarters and a factory in Brisbane but last year opened a factory in Tennessee in the United States to help tap into the lucrative North American market.

DB2