Tritium Charging
Nasdaq: DCFC
IndustryElectric vehicle supply equipment (EVSE)
Founded2001
HeadquartersMurarrie,
Australia
Area served
Worldwide
ProductsRTM75 DC charger, PKM150 DC charger
Websitetritiumcharging.com

Tritium DCFC Limited manufactures direct current (DC) public fast chargers for electric vehicles (EVs) and creates software for those chargers. The company has sold approximately 10,000 DC fast chargers across 42 countries since it was founded in 2001. The company's products include stand-alone chargers and distributed chargers, and its software products include MyTritium software. Tritium also provides maintenance services, including the provision of spare parts, extended warranties, and services outside of warranty. The company sells chargers to charge point operators, automakers, fleets, fuel stations, retail stores, and utilities.[1]

Tritium chargers are operated by many companies including ChargePoint, Shell, and BP. Tritium holds approximately 30% of the United States market for universal EV chargers.[2]

Listing on Nasdaq

In January 2022, Tritium listed on the Nasdaq stock exchange as Tritium DCFC (Nasdaq: DCFC).[3]

Visit to United States White House

In February 2022, Tritium CEO Jane Hunter visited the White House to speak about building electric vehicle charging infrastructure in the U.S. and the company's Tennessee manufacturing facility. President Joe Biden delivered a speech about rebuilding American manufacturing and reducing carbon emissions from transportation sources.[4]

Tennessee Manufacturing Facility

In August 2022, Tritium opened a manufacturing facility in Lebanon, Tennessee in the U.S. The facility has six production lines for a total peak capacity of up to 30,000 chargers annually. The facility employs more than 400.[5][6]

State of Hawaii Charging Stations

In July 2023, the State of Hawaii ordered 32 Tritium chargers to install throughout the state for its public EV charging system.[7] The chargers were among the first to be ordered and installed under the National Electric Vehicle Infrastructure (NEVI) program, a US$5 billion infrastructure program to create a coast-to-coast network of public electric vehicle chargers in the U.S.[8]

History

Tritium was founded by engineers David Finn, James Kennedy, and Paul Sernia. The three met at the University of Queensland in 1999 and built a solar electric race car called the SunShark to race in the World Solar Challenge. The SunShark placed third in the race. Later, Finn, Kennedy, and Sernia formed a company to market and sell the SunShark's electric motor controller, the WaveSculptor22, which is currently manufactured and sold by Australian company Prohelion. In 2001, the trio founded Tritium as an engineering consulting firm in Brisbane, Australia and created systems to manage hydroelectric power stations, developed power storage systems for buildings, and created the battery management system for James Cameron’s Deepsea Challenger mission. Tritium created its first DC fast charger in 2012.[9]

References

  1. ↑ "Check out Tritium Dcfc Ltd's stock price (DCFC) in real time". CNBC. Retrieved 2023-09-21.
  2. ↑ "This Company Could Be Crucial to Biden's EV Charger Agenda". Time. 2023-05-12. Retrieved 2023-09-21.
  3. ↑ Limited, Tritium DCFC (2022-01-27). "Tritium Rings Nasdaq Closing Bell in Honor of Listing". GlobeNewswire News Room. Retrieved 2023-09-21.
  4. ↑ Renshaw, Jarrett; Bose, Nandita (2022-02-08). "Biden touts 'American manufacturing comeback,' announces Tennessee charger plant". Reuters. Retrieved 2023-09-21.
  5. ↑ "Tritium Opens A New DC Fast Charger Factory In Tennessee". InsideEVs. Retrieved 2023-09-21.
  6. ↑ "500,000 universal EV charging stations headed to a highway near you. What we know". The Tennessean. Retrieved 2023-09-21.
  7. ↑ Roy, Abhirup (2023-07-11). "EV charger maker Tritium wins order from Hawaii under federal funding program". Reuters. Retrieved 2023-09-21.
  8. ↑ "Bipartisan Infrastructure Law - National Electric Vehicle Infrastructure (NEVI) Formula Program Fact Sheet | Federal Highway Administration". www.fhwa.dot.gov. Retrieved 2023-09-21.
  9. ↑ "How three engineering mates built the most important Australian company you've probably never heard of". ABC News. 2022-02-19. Retrieved 2023-09-21.
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