Tritium (company)

Tritium Pty Ltd is an Australian company specialising in the design and manufacture of DC electric vehicle (EV) fast chargers. Founded in 2001 in Brisbane, Tritium gained international recognition for its innovative charging solutions and played a significant role in the global expansion of electric vehicle charging networks. Despite early success, the company faced financial challenges, leading to its acquisition in 2024.[1][2]

History

Tritium was established by engineers David Finn, James Kennedy, and Paul Sernia, initially focusing on developing technology for solar-powered race cars. Their work in power electronics led to the development of the Veefil RT50, Tritium's first DC fast charging product. The company rapidly expanded and deployed chargers across multiple continents.[3]

By the early 2020s, Tritium's chargers had been deployed in over 40 countries, with a major presence in North America, Europe, and the Asia-Pacific.[4]

In 2022, Tritium announced a U.S. manufacturing facility in Lebanon, Tennessee. The plant was designed to produce up to 30,000 DC chargers annually and employ 500 staff, supporting growth in U.S. electric vehicle adoption.[5]

In April 2024, Tritium declared insolvency after accruing over $500 million in debt, citing fierce global competition and scaling challenges.[1]

In August 2024, the company was acquired by Exicom Tele-Systems, an Indian electronics firm, via a Dutch subsidiary. The deal preserved over 300 jobs, including those at the Tennessee factory and Brisbane engineering centre.[2]

Products

Tritium's range of products includes: