- Exicom, India’s largest EV charger maker, is acquiring Tritium, a leading global DC Fast Charger company.
- The deal includes Tritium’s Tennessee manufacturing plant and Brisbane engineering centre, boosting Exicom’s global presence and R&D.
- CEO Anant Nahata states the acquisition aligns with Exicom’s emission-free future vision and expands their global footprint.
Exicom goes global with Tritium acquisition
Exicom Tele-systems Limited, India’s largest EV charger manufacturer, has announced a major acquisition. The company will acquire Tritium, a renowned global leader in DC Fast Chargers, based in Australia. The purchase opens the door for global expansion, including new facilities in the US and Australia.
Tritium is an industry-leader in advanced DC Fast Chargers. It’s sold over 13,000 units across 47 countries. With this acquisition, Exicom gains access to Tritium’s high-tech manufacturing facility in Tennessee, USA and its state-of-the-art engineering centre in Brisbane, Australia.
This acquisition is a game-changer for Exicom. It expands their footprint beyond Asia and enhances their research and development capabilities.
Anant Nahata, CEO of Exicom, commented:
“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.”
This deal is a game-changer, with global possibilities as Exicom takes on new strength and expands its presence globally.
