Tesla rival Triton EV is all set to begin production in India as the company announced on Monday the acquisition of the AMW Manufacturing Plant in Bhuj, Gujarat.
This 3.7 million square foot manufacturing plant infrastructure will serve as the epicentre of Triton EV’s EV Truck Manufacturing Hub.Triton EV’s acquisition will ensure a quick turnaround for Triton EV Truck Production, which will begin this year.
“We are happy and excited to acquire this manufacturing facility because it provides us with a significant advantage in producing a best-in-class and India’s first EV Truck, which will be a complete ‘Make in India’ product.” Himanshu Patel, founder of Triton EV said.
Every critical component for the truck will be manufactured at the Triton EV Manufacturing Hub. Everything will be done at this facility in Bhuj, Gujarat, from chassis manufacturing to battery testing. The ecosystem of the hub will include top-tier auto manufacturing organizations. Bharat Electronics Limited (BEL) is a well-known name in this field, and it will be in charge of producing batteries for EVs.
Triton EV signed a historic Memorandum of Understanding (MoU) with the Gujarat State Government a few weeks ago to establish the world’s iconic EV Truck Manufacturing Hub with a minimum investment commitment of Rupees Ten Thousand Eight Crore (Rs 10800 Cr) over a five-year period.