Exicom stands as a prominent leader in power management solutions, delivering advanced EV charging and energy storage systems to customers across more than 15 countries. The company’s extensive portfolio includes state-of-the-art smart AC and DC fast chargers, designed to accommodate various vehicle types and drivers, ensuring a smooth and efficient charging experience.
In the energy storage domain, Exicom offers robust energy management solutions tailored for telecommunications and industrial clients. With a global team of approximately 1,200 professionals, Exicom serves a diverse clientele spanning Africa, the Middle East, and Asia, solidifying its position as a trusted name in the industry.
In a recent interview, Abdullah interacted with Anshuman Divyanshu, CEO, Exicom in which he discussed about its core mission in the electric vehicle (EV) charging and energy market, key developments or milestones achieved this year, new chargers or charging technologies that Exicom is working on, current landscape of the EV market in India, Exicom’s strategies for expanding into foreign markets.
Introduce Exicom and its core mission in the electric vehicle (EV) charging and energy market
Exicom is a leading provider of EV charging and energy storage solutions headquartered in New Delhi, India. Its mission is to drive sustainable, emission-free mobility by offering cutting-edge products such as AC and DC fast chargers, as well as advanced energy management solutions for industries like telecommunications and electric mobility. Exicom’s footprint extends to over 50 countries internationally following its acquisition of Australia-based Tritium, a globally leading designer and manufacturer of proprietary hardware and software to make DC fast chargers, allowing Exicom to support the global transition to clean energy and electric transportation.
Exicom has seen significant growth recently. Could you shed some light on the key developments or milestones achieved this year?
This year has been transformative for Exicom, marked by its listing on the National Stock Exchange (NSE), signifying strong investor confidence. The acquisition of Tritium, a global leader in DC fast chargers, has significantly enhanced Exicom’s manufacturing and R&D capabilities, with new facilities added in Tennessee, USA, and Brisbane, Australia. This strategic move bolsters Exicom’s global footprint, positioning it as a major player in the rapidly growing EV charging market.
Additionally, Exicom partnered with Hubject, a leader in eRoaming services, to provide seamless cross-network EV charging solutions. This partnership aims to create a unified EV charging experience for users, simplifying access to charging networks across various regions and strengthening Exicom’s commitment to customer-centric innovation.
The acquisition of Tritium for Rs 310 crore is a major move. What strategic value does this bring to Exicom’s growth, and how will this acquisition benefit your customers?
The acquisition of Tritium for INR 310 crore is a transformative move for Exicom. It combines Tritium’s expertise in advanced DC fast-charging technology with Exicom’s existing capabilities, allowing the company to offer a more diverse product portfolio. Customers will benefit from enhanced charger reliability, faster installation, and superior service globally. Additionally, the move aligns with Exicom’s goal to lead in the EV charging infrastructure space, complementing its strategy of global expansion.
Are there any new chargers or charging technologies that Exicom is working on? Can you give us a preview of what’s coming next?
Exicom continues to innovate in charging solutions, with plans to integrate Tritium’s proprietary liquid-cooled DC fast chargers into its offerings. These chargers are known for their durability and ease of installation, even in harsh environments. Exicom’s focus remains on creating user-friendly, high-performance products that cater to diverse global needs.
How do you view the current landscape of the EV market in India, and what role does Exicom play in its growth?
India’s EV market is growing rapidly, driven by government incentives and increased consumer adoption. Exicom plays a crucial role by offering reliable and scalable charging solutions to support this transition. It is also working closely with stakeholders to enhance the EV ecosystem through R&D and localized manufacturing capabilities.
What are Exicom’s strategies for expanding into foreign markets, and how do you plan to compete with global players in the EV charging space
Exicom plans to leverage its acquisition of Tritium to establish a robust presence in Europe, North America, and Asia. By integrating advanced engineering from Tritium and focusing on customer-centric designs, Exicom aims to compete with global EV charging leaders. Its expanded manufacturing base in the US and R&D in Australia are key to its strategy.
With the Indian government’s push for EV adoption, what challenges and opportunities do you see ahead?
The Indian government’s aggressive push for EV adoption offers immense opportunities, such as expanding EV charging infrastructure. However, challenges include scaling manufacturing, ensuring affordability, and addressing grid stability. Exicom is well-positioned to tackle these through its innovative products and strategic partnerships, ensuring that India’s EV ecosystem grows sustainably.