Mergers & Acquisitions

Tata AutoComp Systems, Australia's Tritium partner to set up EV charging stations

Opportunity India Desk
Opportunity India Desk Mar 07, 2019 - 1 min read
Tata AutoComp Systems, Australia's Tritium partner to set up EV charging stations image
As per the MoU, Tata AutoComp will soon make available Tritium's DC Fast Chargers in the country.

Auto component maker Tata AutoComp Systems and Australia's Tritium Pty Ltd have signed a Memorandum of Understanding (MoU) for supplying direct current (DC) fast chargers for electric vehicles in India. 

As per the MoU, Tata AutoComp will soon make available Tritium's DC Fast Chargers in the country.

Arvind Goel, MD & CEO, Tata AutoComp Systems, said, "With the advent of electric vehicles, the need for chargers capable of powering them is significant. We see a huge opportunity in this market. The company would strive to bring the latest technology and solutions to our customers."

David Finn, CEO and Co-Founder of Tritium, stated, "The MoU ensures Tata AutoComp remains at the forefront of innovation in India, as the nation adopts the FAME India (Faster Adoption and Manufacture of (Hybrid and) Electric Vehicles) scheme." 

"The FAME policy is among the most progressive initiatives in the world, and Tata AutoComp's commitment to rolling out DC fast chargers for vehicles of all sizes is helping to put India ahead of the world in its drive towards a cleaner future," he added. 

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