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CEFC invests $50M to drive electric vehicle adoption in Australia

The Clean Energy Finance Corporation (CEFC) is making a significant investment of up to $50 million in an innovative wholesale floorplan financing arrangement, in collaboration with Angle Auto Finance (AAF), to expedite Australia's transition to electric vehicles (EVs).
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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.