EXICOM TO ACQUIRE BUSINESS AND ASSETS OF TRITIUM

Exicom Tele-systems Limited, India’s largest electric vehicle charger manufacturer, announced that its subsidiary Exicom Power Solutions B.V. Netherlands and other step-down subsidiaries, have entered into a definitive agreement under which it will acquire business and assets of Tritium group of companies (henceforth referred to as “Tritium”), a distinguished global leader in DC fast chargers, headquartered in Australia.

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With over 13,000 DC fast chargers sold in 47 countries, Tritium is recognised as a leading industry brand globally. Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable liquid-cooled DC fast chargers for electric vehicles. Tritium’s chargers are designed for both aesthetic appeal and durability in tough environments. They feature engineering that simplifies installation, ownership, and usage.