Exicom Tele-systems Limited, India’s largest manufacturer of Electric Vehicle (EV) chargers, has announced the acquisition of the business and assets of Tritium, a global leader in DC Fast Chargers. Tritium, headquartered in Australia, is recognized worldwide for its advanced liquid-cooled DC Fast Chargers, which are used in 47 countries. This acquisition grants Exicom access to Tritium’s state-of-the-art manufacturing facility in Tennessee, USA, and an engineering center in Brisbane, Australia, significantly expanding Exicom’s global reach and reinforcing its commitment to innovation in the EV charging industry. This strategic move is expected to drive substantial growth and value for Exicom, enabling the company to enhance its product offerings and support the increasing global demand for EV infrastructure.
Exicom’s CEO, Anant Nahata, emphasized that this acquisition aligns with the company’s vision of contributing to a sustainable, emission-free future in mobility. The merger of Exicom’s and Tritium’s complementary product lines and regional leaderships will allow for the expansion of EV infrastructure globally, ensuring faster and more reliable charging experiences for users. With the EV market projected to grow rapidly in the coming years, this acquisition positions Exicom as a key player in the global transition to electric vehicles.
