BEL has signed an MoU with Triton Electric Vehicle for the manufacture of hydrogen fuel cells by BEL with technology transfer from TEV.
Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a memorandum of understanding (MoU) with Triton Electric Vehicle (TEV) for the manufacture of hydrogen fuel cells by BEL with technology transfer from TEV, to meet the requirements of Indian market and mutually agreed export markets.
The MoU aims at tapping the demand for clean energy solutions for various applications including for e-mobility, by leveraging India’s thrust for adoption of clean energy fuels for applications in transport and energy storage, to name a few.
Headquartered in New Jersey, USA, EV company TEV recently set up its R&D center and manufacturing facility in India with best-in-class infrastructure and expertise. The company has recently forayed into hydrogen run vehicles and has started the journey of manufacturing hydrogen-run two-wheelers, three-wheelers, and buses.