Magazine Button
Tritium announces merger with DPAC II

Tritium announces merger with DPAC II

Green TechnologyIntelligent TechnologyTop Stories

Tritium, a Brisbane-based developer and manufacturer of direct current (DC) fast chargers for electric vehicles (EVs), and Decarbonization Plus Acquisition Corporation II, a special purpose acquisition company, has announced a definitive agreement for a business combination that would result in Tritium becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Tritium and is expected to be listed on the NASDAQ and trade under the new ticker symbol ‘DCFC.’

Founded in 2001 by e-mobility pioneers Dr David Finn, James Kennedy and Dr Paul Sernia, Tritium designs, develops and manufactures proprietary hardware for advanced and reliable DC fast charging. The company has a two-decade history in advanced power electronics and electric transportation, starting as a developer of technology for solar race cars and other extraordinary projects, like the battery management system for James Cameron’s ‘Deepsea Challenger’ submersible.

Jane Hunter, Chief Executive Officer, Tritium, said: “The accelerated electrification of the transport sector globally is now underway and has extraordinary implications beyond the benefits to individual consumers. Our industry is essential to achieving global emission reduction targets both through increased adoption of electric vehicles and the deployment of EVs for mass energy storage technology.

Click below to share this article

Browse our latest issue

Intelligent CIO APAC

View Magazine Archive