Exicom makes chargers for passenger cars, commercial vehicles and buses.
Exicom Tele-Systems Ltd., a domestic maker of electric car chargers, has introduced the Harmony Direct 2.0, a next-generation DC fast charger that utilises Harmony OS, the country’s first charger operating system created in-house.
According to the business, the charger’s sensor-based diagnostics and AI-enabled Harmony Connect for remote charger management maximise station dependability and reduce downtime.
Plugs can now share loads dynamically thanks to Harmony Direct 2.0. According to Exicom, its new charger gives charge point operators more flexibility and scalability by allowing real-time power sharing across several stations.
Reliance on public charging infrastructure is essential to advancing EV adoption in India as the country rapidly approaches its lofty EV adoption goals.
“We cater to the whole range of EV charging devices, including DC fast chargers and residential chargers. Home charger devices, which we supply to numerous OEMs, account for around half of our revenue“, according to Anant Nahata, Managing Director and CEO of Exicom.
Exicom manufactures bus, commercial, and passenger automobile chargers. Exicom has a market share of about 40% to 50% in the home charging sector. It has a 25% market share in public charging, he stated.
According to Nahata, the typical use of public chargers is less than 5%, based on single-digit EV charge utilisation rates. “It’s fantastic news for the industry that some CPOs (charge point operators) have achieved double-digit utilisation figures,” he continued.
Tritium, a manufacturer of DC fast chargers situated in Australia, was agreed to be acquired by Exicom’s subsidiary Exicom Power Solutions B.V. Netherlands, and other step-down businesses for $29.63 million last year. Tritium develops and produces its own patented hardware and software to produce DC fast chargers for electric vehicles, and more than 13,000 of these chargers have been sold in 47 countries. Through the acquisition, Exicom’s Asian footprint was expanded to include Tritium’s manufacturing facilities in Tennessee, USA, and an engineering centre in Brisbane, Australia.