Exicom Acquires Tritium: A Milestone in Global EV Charging Industry

Exicom Tele-systems Limited, India's largest EV charger manufacturer, has acquired Tritium, an Australian leader in DC Fast Chargers. This acquisition enhances Exicom's global reach, incorporating Tritium's facilities and expertise, thus expanding EV infrastructure. Both companies aim to contribute to an emission-free future for mobility.

Exicom Tele-systems Limited (NSE: EXICOM), India's leading EV charger manufacturer, has announced the acquisition of Australia's Tritium, a global pioneer in DC Fast Chargers. This landmark agreement will see Exicom integrating Tritium's business and assets, significantly expanding its global footprint.

Founded in 2001, Tritium has sold over 13,000 DC Fast Chargers in 47 countries, establishing itself as a top brand in the EV industry. Known for its advanced liquid-cooled DC Fast Chargers, Tritium's products are designed for both durability and ease of use, satisfying the needs of EV users worldwide.

The acquisition will add Tritium's state-of-the-art manufacturing facility in Tennessee, USA, and an engineering center in Brisbane, Australia to Exicom's existing operations. This move is set to unlock significant long-term growth, enhance innovation, and support EV infrastructure adoption globally, in line with Exicom's commitment to an emission-free future for mobility.

(With inputs from agencies.)