Indian firm Exicom to acquire charger manufacturer Tritium

Australian DC fast charger manufacturer Tritium has been acquired by the Indian power management solutions company Exicom, which sells a range of AC and DC EV chargers in 15 countries.

The acquisition adds Tritium’s manufacturing facility in Tennessee and its engineering center in Brisbane, Australia to Exicom’s existing presence in Asia. “The acquisition expands Exicom’s global reach and amplifies its commitment to research and development to drive innovation in this growing industry,” says Exicom.

“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,” said Exicom CEO Anant Nahata. “Exicom and Tritium have complementary sales and product footprints, 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.”

Source: Exicom