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EV Charger producer Tritium raises USD 40 million investment

Tritium, an Australian manufacturer of electric vehicle fast chargers, has secured USD 40 million in investments that will enable it to scale production volumes, boost product development, and expand its global operations.
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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.