AMW Motors admitted for insolvency as Triton fails to implement revival plan“Triton Electric Vehicle has failed to fund and implement the resolution plan and has thus contravened the resolution plan,” the division b...
03 Aug, 2023, 01.06 AM IST
Indian truckmakers eye electric as one way to tackle pollutionLast month, Ashok Leyland announced plans to build autonomous electric trucks for Indian ports. It’s also partnering with Adani Enterprises...
20 Jul, 2023, 10.16 AM IST
Triton guarantee for AMW Motors encashed as it fails to payTriton had offered ₹210 crore in cash to creditors of AMW Motors at more-than-94% haircut to lenders that have admitted claims of ₹3,756 cr...
16 Feb, 2023, 11.31 AM IST
Atmanirbhar defence, EV orders give BEL a boostThe company has been a major beneficiary of the government's decision to put over 330 defence items under import embargo taking the total c...
04 Nov, 2022, 06.10 AM IST
Bharat Electronics signs pact with Meslova for developing products, services in artificial intelligence/machine learningHyderabad-headquartered Meslova designs, develops and delivers domain-specific products and applications using artificial intelligence to s...
28 Oct, 2022, 02.00 PM IST
20% upside in UltraTech likely in next 6 months; ITC can be a consumer pick in portfolio: Rahul Shah“I do not think there is any momentum pick in the next three-four months at least from an IT perspective. But considering that valuation is...
20 Oct, 2022, 01.09 PM IST
Triton EV approaches Supreme Court to be able to bid for AMW subsidiaryOn September 1, 2020, the Ahmedabad bench of the National Company Law Tribunal (NCLT) admitted the company under the Corporate Insolvency R...
01 Sep, 2022, 11.57 PM IST
Ford's present and former workers in India are on the job look outIn September 2021, Ford India announced its decision to wind down vehicle assembly in Gujarat's Sanand by the fourth quarter of 2021, and v...
22 Jun, 2022, 02.27 PM IST
BEL to manufacture battery packs for Triton electric trucksTriton recently signed an MoU with the Gujarat State government for setting up an EV truck manufacturing plant, with a commitment to invest...
16 May, 2022, 03.40 PM IST
Tata Motors eyes $500-700 million business from electric trucks and busesThe transition toward commercial EVs will be bigger than its entry into the electric personal vehicle segment, as commercial EVs will poten...
03 May, 2022, 12.07 AM IST
AMW lenders okay IBC plan; Triton EV to take over Bankrupt AMW Trucks assetsLenders led by IDBI Bank and Indian Overseas Bank (IOB) approved Triton's plan by near absolute majority or 99.60% but with a deep haircut ...
02 May, 2022, 07.04 AM IST
Indian EV industry records INR 25,045 crore investments in last seven monthsMeanwhile an independent study conducted by the CEEW Centre for Energy Finance (CEEW-CEF), says the EV market in India will be worth USD 20...
01 Aug, 2021, 08.44 PM IST
Gadkari calls for increasing MSMEs share in GDP to 40%Gadkari also stressed on making the country self-sufficient in edible oil production.
07 Jun, 2021, 09.02 AM IST
Yediyuappa welcomes new age firms in Karnataka, assures support to Triton Electric Vehicle"The Government of Karnataka is very keen to support entry of new age firm like Triton Electric Vehicles and all assistance will be provide...
06 Apr, 2021, 12.31 PM IST
Triton Electric Vehicle inks MoU with BEL for development of EVs and ESSAs per the MoU, BEL will be the exclusive manufacturing partner to Triton in India for identified products, while Triton will provide the k...
08 Feb, 2021, 09.44 AM IST
Triton will bring its first EV - N4 sedan - to India, starting at Rs 35 lakhThe electric car, which would be manufactured in the US, is going to be available in 4 variants.
11 Jan, 2021, 04.03 PM IST
Triton to set up solar battery plant in Andhra PradeshThe company said the proposed solar batteries manufacturing project to come up in phases will produce batteries based on nano and lithium p...
25 Sep, 2018, 09.55 PM IST