Dubai, UAE – July 17, 2024 – In a groundbreaking move towards sustainable transportation in the MENA region, Tron Energy Technology Corporation and MAP-Tron-E have signed a Memorandum of Understanding (MoU) to establish a joint venture dedicated to the development and manufacturing of electric vehicle (EV) buses. The MoU was signed at a formal event, last night, by Richard Huang, CEO of Tron Energy Technology Corporation, and Akshay Aggarwal, Director of MAP-Tron-E, marking a significant milestone in the UAE’s journey towards sustainability and reduced carbon emissions.
This partnership aims to bring cutting-edge EV bus technology to the UAE, aligning with the nation’s commitment to environmental sustainability. The joint venture will focus on the manufacturing of electric buses across the MENA region, becoming one of the first manufacturers of electric buses in the UAE. The joint venture will also develop sustainable charging infrastructure to support faster adoption and easier use of the EV buses. This initiative is expected to revolutionize the regional transportation sector, promoting eco-friendly and efficient transit solutions.
The MoU signing event took place on July 16, 2024, in Dubai, underscoring the collaboration between two industry leaders in EV technology. This event showcased the shared vision of Tron Energy Technology Corporation and MAP-Tron-E to drive innovation and sustainability in the transportation industry.
Richard Huang, CEO of Tron Energy Technology Corporation opened the event by stating: “We would like to start by expressing our deepest gratitude to the visionary leaders of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. We are committed to supporting their vision and fulfilling their dream of achieving net carbon zero.”
Akshay Aggarwal, Director of MAP-Tron-E added: “We are delighted to announce our board of directors today and warmly welcome Misters Anil Aggarwal, Amit Kumar Garg, Prabhakaran S., Pankaj Kaul, Chintan Sareen and Sunil Mohan Solanki.”
The project is set to begin ground testing with buses in the UAE by the end of Q3 2024, followed by the commencement of manufacturing in Q1 2025. The initial phases will involve rigorous testing to ensure the highest standards of safety and efficiency for the electric buses. Once approved, the venture will proceed with full-scale manufacturing and distribution across the MENA region.
From Left to Right: Ashrik Karan, Amit Kumar Garg, Pankaj Kaul, Chintan Sareen, Prabhakaran S, Sunil Solanki, Anil Aggarwal, Mr. Nitin Bansal.
Seated: Akshay Aggarwal and Richard Huang
About Tron Energy Technology Corporation
Established in 2011, Tron Energy Technology Corporation provides high specific green energy products with excellent safety performance. We have focused on innovative research of cathode materials and have developed battery packs for electric vehicles. We build our own factories to produce customized battery packs, electric buses, autonomous buses, and other electric vehicles. Now we are committed to developing a Battery Energy Storage System (BESS), to make the earth a better place to live in.
ABOUT MAP-TRON-E
MAP Tron-E creates high-performance, eco-friendly energy products with a strong emphasis on
safety. The company has conducted innovative research on cathode materials, leading to the
development of customized battery packs for electric vehicles.
MAP Tron-E has own state-of- the-art factories to produce electric vehicles, including buses, tractor
and autonomous vehicles. Currently, the company is committed to creating sustainable battery
energy storage systems (BESS). With exceptional battery technology,
MAP Tron-E aims to offer lithium battery energy storage s
TRON ENERGY TECHNOLOGY CORPORATION
Established in 2011, Tron Energy Technology Corporation provides high specific green energy
products with excellent safety performance. We have focused on innovative research of
cathode materials and have developed battery packs for electric vehicles. We build our own
factories to produce customized battery packs, electric buses, autonomous buses, and other
electric vehicles. Now we are committed to developing a Battery Energy Storage System
(BESS), to make the earth a better place to live in.
Vision: To become the global electric bus and smart city one-stop solution provider.
Mission: To provide innovations and sustainable solutions for customer needs in the future of
mobility, to integrate green technologies to be a real product, and to provide remedies to
overcome global warming and make the world a better place.
Timeline:
2011: The company has been set up as battery material company.
2016: The first electric bus has been launched in the market.
2018: The electric bus market share in Taiwan jumped to no.1
2020: The first company in Taiwan to pilot-run an autonomous bus on public road.
2021: Provides solutions for energy storage, regulation services, and optimized UPS systems.
