CANBERRA, ACT, July 8 -- The Prime Minister of Australia issued the following media release:
The Albanese Labor Government is backing local jobs and manufacturing through its investments in Australian-made electric trucks - with the first locally built Volvo electric truck rolling off the production line in Brisbane.
The Government's investment of $70 million with Volvo Group Australia - through the Clean Energy Finance Corporation (CEFC) - will see more Australian-made electric trucks on our roads.
The investment will see electrification of the nation's trucking fleet by providing discounted finance for trucking businesses and supporting the long-term residual value of electric trucks.
Volvo offers a full range of electric heavy vehicl...