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Tesla's rival Triton to invest Rs 2,100 cr, create 25,000 jobs in Telangana


Tesla s rival Triton to invest Rs 2,100 cr, create 25,000 jobs in Telangana
Required land for project will be provided through TSIIC. Facility will not only produce Triton EVs for Indian market, but also for Bangladesh, Sri Lanka, Nepal and Middle East regions as well
Triton EV is based in New Jersey, US, and is a subsidiary of Triton Solar, which is into solar panels and battery engineering
BusinessToday.In
Updated Jun 26, 2021, 12:04 PM IST
US-based electric vehicles (EV) giant Triton, a major rival of Elon Musk-led Tesla, has entered into a memorandum of understanding (MoU) with the Telangana government to establish a manufacturing facility in the state s Sangareddy district.  The company will set up the unit at the National Investment and Manufacturing Zone (NIMZ), Zaheerabad, with an investment of Rs 2,100 crore. ....

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