TRITIUM

Tritium Announces Completion of Business Combination With Decarbonization Plus Acquisition Corporation II

Retrieved on: 
Thursday, January 13, 2022
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Tritium, a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced it has completed its previously announced business combination with Decarbonization Plus Acquisition Corporation II (DCRN) to take Tritium DCFC Limited (Tritium) public.

Key Points: 
  • Tritium, a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced it has completed its previously announced business combination with Decarbonization Plus Acquisition Corporation II (DCRN) to take Tritium DCFC Limited (Tritium) public.
  • (Photo: Business Wire)
    DCRNs stockholders approved the transaction at a special meeting of stockholders held on January 12, 2022.
  • The goal in our industry is to reduce global emissions and this transaction will support our mission to electrify transportation.
  • As part of the business combination, Robert Tichio, previously the Chairman of the board of directors of DCRN, will join Tritiums board of directors as Chairman.

Aqua superPower and Tritium Announce Strategic Partnership to Power Electric Boats

Retrieved on: 
Wednesday, December 22, 2021
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The first marine fast charging network operator, Aqua superPower (Aqua), and Tritium Holdings Pty Ltd (Tritium or the Company), a leading global developer and manufacturer of direct current (DC) fast charging technology for electric vehicles (EVs), today announced a strategic partnership to electrify transportation on global waterways.

Key Points: 
  • The first marine fast charging network operator, Aqua superPower (Aqua), and Tritium Holdings Pty Ltd (Tritium or the Company), a leading global developer and manufacturer of direct current (DC) fast charging technology for electric vehicles (EVs), today announced a strategic partnership to electrify transportation on global waterways.
  • Aqua superpower supports marinas, boat builders and boat owners in the drive to bring electric power to the water and reduce the impact of boating on marine ecosystems.
  • We elected to work with Tritium for their forward-thinking technology, cutting-edge hardware architecture, and operational cost benefits, said Aqua superPowers CEO, Alex Bamberg.
  • Aqua superPower is the first fully marinised dockside network of fast chargers for electric boats.

Over 100 New Tritium Fast Chargers Added to the Osprey Charging Network in the United Kingdom

Retrieved on: 
Thursday, December 16, 2021
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To help meet this challenge, Tritium, a global developer and manufacturer of direct current (DC) fast chargers for electric vehicles (EVs), will supply 110 rapid chargers to Osprey Charging Network, one of the fastest growing UK-wide networks of rapid EV charging points.

Key Points: 
  • To help meet this challenge, Tritium, a global developer and manufacturer of direct current (DC) fast chargers for electric vehicles (EVs), will supply 110 rapid chargers to Osprey Charging Network, one of the fastest growing UK-wide networks of rapid EV charging points.
  • View the full release here: https://www.businesswire.com/news/home/20211216005008/en/
    Tritiums charging technology will be used to expand Ospreys UK network with over 100 rapid chargers across 40 new charging destinations.
  • Its a race to meet the ever-growing demand for EV charging in the UK, and we aim to be Britains rapid charging network of choice, said Ian Johnston, Osprey Charging Network CEO.
  • Osprey Charging Network is a UK-wide, rapid electric vehicle charging network.

Tritium Unveils Groundbreaking Line of EV Fast Chargers Designed for More Cost-Effective Operations and Infrastructure Deployment

Retrieved on: 
Wednesday, December 8, 2021
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Since the infrastructure is shared, less equipment is needed, enabling operators to deploy more charging stations and increase the number of fast chargers available for EV drivers.

Key Points: 
  • Since the infrastructure is shared, less equipment is needed, enabling operators to deploy more charging stations and increase the number of fast chargers available for EV drivers.
  • One of the biggest challenges in the EV charging industry right now is increasing utilization without increasing driver waiting times for a charge.
  • The PKM150 is the first fast charging system to be announced on the Companys new PKM architecture.
  • Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles.

Tritium Announces Debt Refinancing with a New $90 Million Facility

Retrieved on: 
Wednesday, December 8, 2021
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View the full release here: https://www.businesswire.com/news/home/20211208005302/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211208005302/en/
    This facility is expected to bolster Tritiums liquidity upon closing and will provide additional working capital.
  • (Photo: Business Wire)
    Tritium plans to use the proceeds from the facility to refinance two prior financings led by Cigna and other company debt.
  • This facility is expected to allow Tritium to repay existing debt, including debt outstanding under the existing Cigna facilities, without the use of funds received from the DCRN trust account.
  • With this facility, Tritium expects to bolster its liquidity upon closing and provide additional working capital.

Tritium Opens World-Class EV Charger Testing Facility

Retrieved on: 
Monday, November 22, 2021
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Without the benefit of their own EMC testing facilities, many charger manufacturers and developers across the world need to test and certify their chargers in publicly-accessible EMC testing facilities with advance booking notice, for testing periods as short as 1-2 weeks.

Key Points: 
  • Without the benefit of their own EMC testing facilities, many charger manufacturers and developers across the world need to test and certify their chargers in publicly-accessible EMC testing facilities with advance booking notice, for testing periods as short as 1-2 weeks.
  • The facility features one of the highest power commercially accessible EMC testing chambers in the world.
  • The facility is also capable of IK impact testing, allowing Tritium to test and indicate the degree of protection its products electrical enclosures provide against external mechanical impacts.
  • It also opened a testing centre at its Amsterdam facility which allows EV manufacturers to test vehicles for interoperability with Tritiums DC fast chargers.

Tritium Collaborates With Fast Charging Network Operator EVCS to Deploy Over 500 New EV Fast Chargers

Retrieved on: 
Thursday, November 18, 2021
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EVCS, one of the largest privately held charging network operators, has entered into a contract to purchase over 400 Tritium fast chargers to add to its more than 100 Tritium charger fleet.

Key Points: 
  • EVCS, one of the largest privately held charging network operators, has entered into a contract to purchase over 400 Tritium fast chargers to add to its more than 100 Tritium charger fleet.
  • With over 1,500 chargers in its network, of which over 600 are DC fast chargers, EVCS is in the process of substantially increasing its network by the end of 2022.
  • Tritium provides best-in-class fast charging hardware, which will allow us to grow our unlimited charging subscription model at a much faster rate.
  • The more than 500 Tritium fast chargers ordered by EVCS, ranging from 50kW to 175kW, are expected to account for nearly half of EVCS fast charging network once fully deployed.

Tritium Wins Good Design Awards for Excellence in Product and Engineering Design

Retrieved on: 
Wednesday, October 20, 2021
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The Australian Good Design Awards committee has recognized the company and its RTM fast charger in the engineering and product design categories for the commercial and industrial sectors.

Key Points: 
  • The Australian Good Design Awards committee has recognized the company and its RTM fast charger in the engineering and product design categories for the commercial and industrial sectors.
  • The charging system has multiple benefits single technician installation, slim-line profile, fast charge (75km range in 10 minutes), commented the Good Design Awards engineering design jury.
  • The Australian Good Design Awards are one of the longest-running international design awards, promoting excellence in design and innovation since 1958.
  • Good Design Australia is an international design promotion organisation responsible for managing Australias annual Good Design Awards and other signature design events.

Tritium, a Leading Global Developer and Manufacturer of DC Fast Chargers, Announces Record Third Calendar Quarter and Calendar Year-to-Date Results and Provides Business Update

Retrieved on: 
Wednesday, October 13, 2021
Other Energy, Automotive, Technology, Energy, Software, Alternative Vehicles, Fuels, Hardware, Other Energy, Automotive, Technology, Energy, Software, Alternative Vehicles, Fuels, Hardware, Tritium, Decarbonization Plus Acquisition Corporation II, TRITIUM, DECARBONIZATION PLUS ACQUISITION CORPORATION II

View the full release here: https://www.businesswire.com/news/home/20211013005451/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211013005451/en/
    Tritium announces third quarter and calendar year-to-date results as well as provides business updates.
  • Jane Hunter, CEO of Tritium, commented, The momentum we have experienced across Tritiums suite of products has been exceptional this past quarter.
  • Michael Hipwood, CFO of Tritium, commented, The business model built by Tritium on the back of leading, proprietary technology is now apparent in the Companys results.
  • On August 26, Tritium announced a partnership with local distributor Solcon to provide DC fast chargers in Israel and Palestine.

Tritium Partners with ChargeNet to Bring Electric Vehicle Fast Charging to Bay Area Taco Bells

Retrieved on: 
Tuesday, October 12, 2021
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Tritium has partnered with EV charging network operator ChargeNet with a plan to install RTM direct current (DC) fast chargers at South San Francisco Taco Bells to address this challenge.

Key Points: 
  • Tritium has partnered with EV charging network operator ChargeNet with a plan to install RTM direct current (DC) fast chargers at South San Francisco Taco Bells to address this challenge.
  • View the full release here: https://www.businesswire.com/news/home/20211012005009/en/
    Our goal is to replace the refueling experience that Americans know with a charging experience that is fast, convenient, and inviting, said Tosh Dutt, CEO of ChargeNet.
  • ChargeNets EV charging platform, specifically designed for fast food franchisees, fills a market need for more fast chargers at locations with food and a restroom.
  • Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles.