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South Australian graphite developer Renascor has taken a significant step towards becoming a supplier to the global electric car industry, striking a deal with a major Korean lithium-ion battery materials purchaser.
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Adelaide-based lithium developer Core Lithium has received a $6 million Federal Government grant to help it produce battery-grade lithium hydroxide.
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As the US and other nations accelerate electric vehicle manufacturing and policy, Australia is sitting in neutral, argue Jake Whitehead, Dia Adhikari Smith and Thara Philip.
US automotive giant General Motors plans to stop producing petrol and diesel-powered cars by 2035 and will make 40 per cent of its model range electric within four years, as it sets a target to be carbon-neutral within 20 years.
Electric cars are still a niche market in Australia due to their cost and concerns about range, but policy changes such as allowing secondhand electric vehicle imports would speed up the transition away from fossil fuels, argue Gail Broadbent and Graciela Metternicht.
Labor has promised to waive five years’ worth of stamp duty and registration fees for all new electric vehicles if it wins the state election.
