triton ev will use the facility for producing ev busses ev trucks ev cars and hydrogen busses as well new delhi electric vehicle maker triton ev is in the process to acquire debtridden amw motors manufacturing plant in bhuj for rs 210 crore according to sources the source told pti on the sidelines of the auto expo 2023 that the national company law tribunal ahmedabad bench has approved a resolution plan submitted by triton electric vehicle llc last month triton electric vehicle llc has emerged as the successful bidder for plant and machinery land and building etc of amw motors for rs 210 crore the resolution plan has been approved by nclt ahmedabad bench on december 21 2022 the source said advt when contacted triton ev founder and managing director himanshu patel confirmed the development we are working on completing the regulatory process and approvals we will try to make the plant operational at the earliest possible time frame after all approvals are in place patel said triton ev will use the facility for producing ev busses ev trucks ev cars and hydrogen busses as well in october triton ev had issued a letter of intent to the defence public sector unit bharat electronics for the procurement of battery packs for its semitruck project in india at an estimated value of rs 8060 crore patel has earlier said that the company is developing ev ecosystem in india through a consortium which has committed rs 10000 crore investment in india over a period of next 4 years in which triton ev will contribute rs 1100 crorealso read how big players startups are developing charging infra as ev sales pick upthere are around 2700 public charging stations with 5500 connectors in india but these are concentrated in nine big cities and along highways and expressways the target is to set up 10000 public charging stations by 2025 the share of fast chargers which run on direct current and can power up a car in 35 minutes is only inching upsee more details pti published on jan 16 2023 at 0338 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app electric vehicle maker investment triton ev amw motors national company law triton electric vehicle llc bharat electronics homenewsindustrytriton ev to acquire amw motors bhuj manufacturing plant for rs 210 crore