Navratna Defence PSU Bharat Electronics (BEL) will make Li-ion battery packs for Triton’s electric trucks at BEL’s Pune facility. Triton EV is a US-based electric vehicle company.
The deal was signed for exploring battery cells for heavy-duty electric vehicles as well as energy storage systems in India for customers of India, the USA, and others.
Recently, Triton Electric Vehicle LLC signed an agreement with the government of Gujarat to invest Rs 10,800 crore to set up a manufacturing unit at Bhuj, Kutch. BEL is one of the organizations which will invest in Triton EV’s manufacturing facility at Kutch.
BEL is a leader in defence electronics. BEL is spreading its interest in energy storage products like Li-ion, Fuel Cells, and Charging stations for electric vehicles.
“The partnership between BEL and Triton is set to give a major boost to the ‘Make in India’ initiative and EV thrust of the Government, in the journey towards an ‘Atmanirbhar Bharat’ initiative,” BEL said in a statement.