MoU between Triton EV and BEL

MoU between Triton EV and BEL

Question: In which of the following country Triton Electric Vehicle Company is based?
a) UK
b) India
c) Japan
d) US
Answer: (d)
Related Facts:-

  • Recently US-based Triton Electric Vehicle (Triton) has signed a Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL).
  • These companies have come together for developing electric vehicles and energy storage systems.
  • As per the MoU, BEL will be the exclusive manufacturing partner to Triton in India for 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.
  • Himanshu B Patel, Managing Director of Triton EV stated that they are excited to see the market response from India.
  • He further said that joining hands with BEL will definitely strengthen their commitment towards technology and clean energy driven EV and ESS market.
  • He expressed that the whole world respects India’s technical capabilities in various sectors; we wish to leverage this through building great products around ESS and EVs.
  • He asserted that through this partnership the company aims to produce an innovative ‘Make In India’ product which will transform the Indian EV and ESS segment.

By – Rajesh Tripathi

Links:-
https://economictimes.indiatimes.com/industry/auto/auto-news/triton-electric-vehicle-inks-mou-with-bel-for-development-of-evs-and-ess/articleshow/80742904.cms
https://knnindia.co.in/news/newsdetails/sectors/triton-electric-vehicle-bel-join-hands-to-create-make-in-india-evs-ess