New Jersey, USA headquartered Triton Electric Vehicle (Triton) has signed a Memorandum of Understanding with Bharat Electronics Limited (BEL) for Co-operation on Energy Storage Systems & Electric Vehicles development.
Triton EV is involved in the Energy Storage System business ranging from transportable small battery packs to a 10 MWh battery storage unit for customers in the USA and abroad for applications like energy generation, load management, EV charging stations etc. Triton is also involved in manufacturing of Electric Vehicles using battery technologies developed by them.
BEL is engaged in the design development, manufacture and supply of different types of Electronics Systems, Control Units, Battery packs, BMS, Chargers amongst others for use by defence services and civilian sector; Triton and BEL will co-operate for manufacturing of Sub-systems and Battery Assembly for Energy Storage Systems and Electrical Vehicles for requirements of customers in USA, India and other countries.
The Make in India Commitment
According to the MoU, BEL will be the exclusive manufacturing partner to Triton in India for the supply of the identified products. Triton will provide the know-how and technical documentation required for the manufacturing of these products. For requirements of Energy Storage System ( ESS) in India, BEL will address the requirements as a prime contractor and Triton will provide the support as technology/team partner as per Make in India requirements.
“We are excited to see the market response from India. Joining hands with BEL will definitely strengthen our commitment towards technology and clean energy-driven EV and ESS market. The whole world respects India’s technical capabilities in various sectors, we wish to leverage this through building great products around ESS and EVs,” stated Mr. Himanshu B Patel, Managing Director of Triton EV.
Himanshu also added his comments on this MoU by adding, “Through is a partnership we aim to produce an innovative ‘Make In India’ product which will transform the Indian EV and ESS segment.”
Recently Triton launched the Triton EV Model N4 sedan for the Indian market. Triton Electric Vehicle’s Model N4 sedan is going to be available in 4 different variants; the N4, N4-S, N4-R and the high-performance limited edition N4-GT of which only 100 units will be produced. The Model N4 is powered by a 75 KWh / battery giving it a range of up to 325 miles / 523km & 100 kwh battery 430 Miles/ kw696 Km; with upgrades available for higher variants. The interior and exterior design of the Model N4 will be the perfect amalgamation of state-of-the-art technology and comfort providing premium driving experience to its customers.
Development work of this car is on war footing and in next one month or so, the car showcasing will happen.