{"id":33884,"date":"2022-04-05T16:34:56","date_gmt":"2022-04-05T11:04:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-triton-electric\/"},"modified":"2022-04-05T16:45:39","modified_gmt":"2022-04-05T11:15:39","slug":"biz-triton-electric","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-triton-electric\/","title":{"rendered":"US-based Triton Electric Vehicle to set up commercial EV plant in Gujarat"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-536967803\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> Ahmedabad, Apr 5 (PTI) US-based Triton Electric Vehicle LLC on Tuesday signed an agreement with the Gujarat government to set up a commercial electric vehicle manufacturing plant at Bhuj in Kutch district with a total investment of Rs 10,800 crore.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2116078448\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> As per the agreement, Triton Electric Vehicle will set up the plant over 645-acre land with an annual production capacity of 50,000 trucks, said a statement from the office of Chief Minister Bhupendra Patel.<\/p>\n<p>  The state government will assist in providing necessary approvals and registration process for the establishment of this plant in accordance with the existing policy, it said.<\/p>\n<p> Triton Electric Vehicle will start the plant with an initial investment of Rs 1,200 crore in the current financial year. The company&#8217;s total investment will be Rs 10,800 crore. The plant will create direct and indirect employment opportunities to about 10,000 people, the statement said.<\/p><div class=\"trade-content_5\" id=\"trade-317377000\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>  The company will also set up in-house facilities like robotic paint shop, chassis sub-assembly and quality assurance and material testing lab.<\/p>\n<p> The agreement was signed between Rajiv Kumar Gupta, Additional Chief Secretary of Industries and Mines Department, on behalf of the Gujarat government and Himanshu Patel, founder and CEO of Triton Electric Vehicle, in the presence of the chief minister in Gandhinagar.<\/p>\n<p> The company manufactures electric semi trucks, SUVs, electric sedans, defense EVs and e-rickshaws in the US, the release said. PTI KA NSK  HVA HVA<\/p>\n<div class=\"trade-after-content\" id=\"trade-2056098391\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Ahmedabad, Apr 5 (PTI) US-based Triton Electric Vehicle LLC on Tuesday signed an agreement with the Gujarat government to set up a commercial electric vehicle manufacturing plant at Bhuj in Kutch district with a total investment of Rs 10,800 crore. As per the agreement, Triton Electric Vehicle will set up the plant over 645-acre land [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-33884","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US-based Triton Electric Vehicle to set up commercial EV plant in Gujarat - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-triton-electric\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US-based Triton Electric Vehicle to set up commercial EV plant in Gujarat\" \/>\n<meta property=\"og:description\" content=\"Ahmedabad, Apr 5 (PTI) US-based Triton Electric Vehicle LLC on Tuesday signed an agreement with the Gujarat government to set up a commercial electric vehicle manufacturing plant at Bhuj in Kutch district with a total investment of Rs 10,800 crore. 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