Triton Electric Vehicle, the New Jersey, USA, headquartered company, plans to establish a manufacturing facility in Gujarat.
The company, which registered a subsidiary in India in March 2021, will now enter Gujarat. The vehicles will be exported to Bangladesh, Nepal, the Middle East region and Africa.
The company is in consultations with a few states but the possibility of it setting up a unit in Gujarat is quite high. A final decision would be made soon.
Meanwhile, three Japanese companies have set up lithium battery manufacturing units in Gujarat – Suzuki, Toshiba and Dentsu will start manufacturing in June 2021.