Triton EV Acquires AMW’s Manufacturing Facility in Gujarat

Updated On: 3 May 2022 Vaibhav Gupta

Triton EV is an electric vehicle manufacturer based in the United States and has been founded by Mr. Himanshu Patel who aspires to bring his products to the Indian Homelands. Just a few weeks ago, we brought you the news of Triton EV in talks to set up a manufacturing facility in Gujarat. This plan seems to have taken a leap ahead as the organisation is now all set to take over the bankrupted assets of AMW Trucks in Gujarat.

So as to sustain in a competitive market like India where the options on offer are highly consumer centric, the Made in India campaign has aided a lot of automotive manufacturers to reduce the costs for their offerings and enter the Indian automotive industry by manufacturing their products in India itself. Triton EV is no different as they would now be kick starting their manufacturing operations in India and their first electric truck is expected to be launched by the end of this year.

Triton EV truck

Triton EV is now taking over the massive manufacturing facility earlier owned by AMW trucks situated in Bhuj, Gujarat. This acquisition would aid Triton to produce India's first in house developed electric trucks and would also become Asia's biggest and most comprehensive electric vehicle manufacturing facility as it would comprise of operations managed end to end all under a single roof. Triton EV would produce every crucial component in-house along with operations ranging from chassis manufacturing to battery manufacturing, testing and research. Bharat Electronics Limited is one of the leading companies that would be manufacturing batteries for the Triton electric trucks.

Also Read: Tata Wins Electric Buses Tender Worth Rs. 5000 Crore

This manufacturing facility is spread over 3.7 Million square feet and would become the epicentre for Triton's electric vehicle manufacturing hub. Alongside the manufacturing plant acquisition, Triton EV plans to employ the people who have lost their jobs due to the closure of AMW's manufacturing operations.

The organisation focuses on rapid growth and wants to roll out their products with cutting edge technology and with their plan of action, they aim for their first commercial electric vehicle to be rolled out by the end of this calendar year with the mission to manufacture the best with their revolutionary energy structure.

Also Read: Triton Electric To Set Up Commercial EV Plant In India!

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