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AAP
AAP
Environment
Jennifer Dudley-Nicholson

Funding boost charges up Australian battery innovation

Australia ARENA China Darren Miller Joel Carrett lithium
Brisbane-based firm VSPC is hoping to help Australia boost the supply of lithium-ion batteries. (Joel Carrett/AAP PHOTOS)

Australia could become a competitive supplier of next-generation batteries after a Queensland company secured $30 million to establish a manufacturing facility. 

Brisbane-based firm VSPC announced plans to create the production line on Thursday, potentially helping Australia compete with China for the lucrative supply of lithium-ion batteries.

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