Requested whether or not Australian labor prices and distance from export markets would make it too costly to make batteries and automobiles within the nation, Denholm mentioned the Australian price base might make superior manufacturing aggressive.
“Tesla is a primary instance of that – we’re producing autos in California, which is without doubt one of the most costly locations on the planet, and transport all of them around the globe,” she mentioned.
“So, to me, the truth that we do not at present have a automobile manufacturing trade in Australia is definitely not a foul factor as a result of we’ve got the talents, and we will retool and get folks into superior manufacturing.”
Tesla bought 3397 automobiles in Australia final month, making it one of many high 10 suppliers, however prospects are being informed to attend till February or Could for some fashions due to international provide issues.
The Worldwide Vitality Company mentioned annual electrical automobile gross sales doubled from 2020 to 2021, however provides of vital minerals together with lithium, cobalt and nickel have been holding again the sector.
“The best obstacles to continued sturdy EV [electric vehicle] gross sales are hovering costs for some vital minerals important for battery manufacturing, in addition to provide chain disruptions brought on by Russia’s assault on Ukraine and by continued Covid-19 lockdowns in some components of China,” the company mentioned in Could.
Denholm can be the chair of the Know-how Council of Australia and used her speech on Wednesday to name for extra funding in expertise and vocational training, a better-skilled migration system to draw international expertise, and extra encouragement of younger Australians to embark on tech careers .
“I feel the largest factor is to not be afraid to take a threat, to again your self in that,” she mentioned when requested for her recommendation for youthful Australians.
“[G]et all the recommendation you could, however you need to make the choice. And if you make that call, take the leap. And if it would not work, then choose your self up and dirt your self off and go for it once more, or do one thing totally different,” she mentioned.
“The truth is you could’t have profitable corporations with out some failures alongside the best way. And innovation and expertise is an absolute instance of that – if you have not failed alongside the best way, from a expertise perspective, you are really not pushing the envelope exhausting sufficient.”
Lower by means of the noise of federal politics with information, views and knowledgeable evaluation from Jacqueline Maley. Subscribers can signal as much as our weekly Inside Politics e-newsletter right here.