Industry insiders say Australia is in the box seat to profit from surging interest in electric vehicles.

But only if government provides sufficient support.

Following the Prime Minister’s call for “an advanced competitive manufacturing sector,” leading academics told The New Daily on Wednesday that Australia should compete with their global peers on quality rather than cost.

Although cheap toys and disposable fashion might be off the table, Australian Advanced Manufacturing Council executive director Mark Goodsell said the nation still has an abundance of options.