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  • Fairweather expands on SEA Electric’s next step
 

Fairweather expands on SEA Electric’s next step

by seaelectric / Thursday, 01 November 2018 / Published in Articles, Media Release

Electric propulsion made more inroads into the Australian mainstream following the announcement of a grant towards automotive technology company SEA Electric building a manufacturing plant in Victoria’s Latrobe Valley.

The plant is to be capable of producing 2,400 vehicles per year at full production, employing around 500 people and producing annual revenue of between $200 million and $240 million.

The grant comes from a $266 million Latrobe Valley support package established for a region facing job losses after the decommissioning of Hazelwood’s brown coal-fuelled power station, and the general decline of the Australian automotive manufacturing industry.

As part of the investment, retrenched workers from other industries will be transitioned towards electric vehicle and component production in Australia.

“This investment will see the Latrobe Valley rightly called the capital of electric vehicle manufacturing in Australia,” Victorian premier Daniel Andrews said at the announcement.

SEA Electric has been at the forefront of electric technology locally. Most recently, its product was showcased the launch of an electric waste truck for Victorian council City of Casey. READ MORE

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