Australia’s Federal Energy and Emissions Reduction Minister Angus Taylor has mentioned JOLT in an op-ed column for The Weekend Australian. He has singled out Australian EV charging network JOLT as a leading example of Australian innovation in the electric vehicles sector, pioneering the shift towards cutting Australia’s carbon footprint, and says BlackRock’s stake in JOLT has shown there is “investment confidence in the rollout of EVs across Australia”.
In the article, Taylor highlights the Morrison government’s plans to reduce emissions in the transport sector saying, “our support for low emissions vehicles to date is more than $1.4 billion” with hopes to increase availability and affordability for everyday Australians.
With BlackRock’s $100 million capital injection and equity stake, JOLT will play a significant role in “creating the right enabling environment” for Australians to make the switch to a zero-emissions future. According to Taylor, the technology-led approach will see the “immediate emissions reduction benefits across the country”.
Read the full story in print here: Government committed to support choice – The Australian
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