Industria
Exicom to Acquire Industry Leader Tritium; Expands Global Footprint in EV Charging
With this landmark acquisition, Exicom is set to unlock substantial long-term growth and value for its stakeholders. The acquisition adds Tritium's manufacturing facility in Tennessee, USA , as well as a world-class engineering centre in Brisbane, Australia to Exicom's existing presence in Asia . The acquisition expands Exicom's global reach and amplifies its commitment to research and development to drive innovation in this growing industry. With the complementary product portfolio of Exicom and Tritium, the acquisition provides the opportunity to serve the different use cases across the world and expand EV infrastructure adoption.
According to BloombergNEF's 'Economic Transition Scenario', which forecasts EV growth based on current techno-economic trends, EVs are slated to reach 45 percent of global passenger-vehicle sales by 2030 and 73 percent by 2040.
Anant Nahata , CEO, Exicom, said, "This acquisition is in line with Exicom's strategic vision to be a key contributor to the world of tomorrow by enabling an emission free future for mobility. Exicom and Tritium have a complementary sales and product footprint and have each established leadership in their respective regions. We look forward to working with Tritium's employees, customers, partners and other stakeholders to grow the business further and provide faster, more reliable charging experiences to EV users across the globe."
Headquartered in New Delhi, India , Exicom is a leading power management solutions company, offering cutting-edge EV charging and Energy storage solutions across over 15 countries. Exicom's comprehensive range of smart AC and DC Fast Chargers cater to all types of drivers and vehicles, ensuring seamless and efficient charging experiences. In the energy storage sector, Exicom provides robust energy management solutions to telecommunications and industrial customers. Exicom employs approximately 1,200 professionals worldwide and serves a diverse customer base spanning Africa , Middle East , and Asia .
Get more details on www.exicom.in . Follow Exicom on LinkedIn
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