Exicom acquires US EV charging company Tritium for Rs 310 crore

Exicom has acquired US-based Tritium for USD 37 million to leverage its DC fast charging technology for EV solutions in India. The acquisition includes Tritium's workforce and facility in Tennessee. Exicom plans to establish a new manufacturing unit in Hyderabad by 2025 to enhance its EV infrastructure capabilities.

Oct 6, 2024 - 21:30
Exicom acquires US EV charging company Tritium for Rs 310 crore

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Exicom has acquired US-based Tritium for USD 37 million to leverage its DC fast charging technology for EV solutions in India. The acquisition includes Tritium's workforce and facility in Tennessee. Exicom plans to establish a new manufacturing unit in Hyderabad by 2025 to enhance its EV infrastructure capabilities.
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