Filed by Decarbonization Plus Acquisition Corporation II pursuant to
Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Decarbonization Plus Acquisition Corporation II
Commission File No.: 001-40000
The
following is a transcript of an interview of Jane Hunter by Bloomberg Daybreak: Australia on 12/21/2021:
Haidi Stroud-Watts, Bloomberg
Broadly, what are you seeing in terms of demand? Whats the outlook for demand going into next year?
Jane Hunter, CEO of Tritium
Look, its a great time
for EV charging infrastructure, as you can imagine, with the tipping point having been reached. And in fact, for almost all of the OEMs that are building charging infrastructure, were finding that demand is outstripping supply. Theres
quite long lead times across the industry and thats because of pods shortages due to COVID, but no cancellations and very, very strong demand--the strongest weve seen in the companys history.
Haidi Stroud-Watts, Bloomberg
Supply chain issues,
availability of raw materials and resources, still so key, particularly when it comes to infrastructure and battery making. Is that something thats affecting your business? And what are the individual problems that you see going into the new
year?
Jane Hunter, CEO of Tritium
Yeah, absolutely.
Like everybody, theres a mixture of the component parts shortages, which you see globally, as well as freight. So, because we manufacture in Australia, weve had significant issues with freight, initially air freight was impacted, but
then sea freight was also impacted. And thats brought forward our plans to open a US based factory which we plan to do in Q3 of next year. And then theres been a series of shortages in this industry that relate to peculiarities of the
components of the chargers. So, for example, the leads, the cables that you use for charging theres been some unusual raw material shortages and in special film thats used in EV charges. And of course, semiconductors, although Tritium
was lucky, we do have a long-term semiconductor supplier who gave us the heads up, and we ordered a years worth of semiconductors before that really kicked in.
David Ingles, Bloomberg
Jane, David, here. Im also
then looking for the long term, and I cant help but notice this years forecasts here for growth. I mean, 84 million, thats dollars, in 2021. Thats the estimate. It goes up to almost 1.5 billion in about five years.
What needs to align, policy wise, supply chain wise, cash wise, for you to be able to achieve that 18x growth?
Jane Hunter, CEO of Tritium
Yeah, absolutely. Effectively, we actually just need to maintain our current market share. So, we currently have 15% of the North American market for Fast DC
chargers. We have 20% of Europe, and we have over 75% of Australia, New Zealand. So, if we just maintain, and not even grow that market share, and the TAM reached what Bloomberg NEF is forecasting, then we would hit those numbers.