Indian firm Exicom acquires US-based Tritium for $37m, expanding its EV charging capabilities.

Indian firm Exicom has acquired US-based Tritium for $37 million, enhancing its position in the global EV charging sector. Exicom plans to establish a manufacturing facility in Hyderabad by 2025, leveraging Tritium's DC fast charging technology to create advanced electric vehicle solutions. This acquisition, which includes Tritium's 300 employees, aims to meet the growing demand for innovative charging infrastructure in various climatic conditions.

October 06, 2024
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