Exicom expands global footprint by diversifying product portfolio
Exicom, an EV charger manufacturer from Gurgaon, has signed a distribution agreement with Thailand’s INNOPOWER Company Limited to expand its foothold in the Southeast Asian market through the establishment of a local sales and distribution network.
“Recognizing the Southeast Asia’s immense potential for EV growth, our experience as a leading Indian EV charger manufacturer uniquely positions us to meet the region’s increasing demand,” Anant Nahata, Managing Director of Exicom, said on 18 Jan.
“Our alliance with INNOPOWER, rooted in shared goals for sustainable mobility, is set to significantly boost both companies’ growth. Drawing on the nation’s technological advancements, our advanced EV chargers exemplify the high-quality innovations, designed to make a significant impact on the global stage.
“As we extend our influence, our goal remains clear – to shape a future where sustainable mobility is the norm, not just in Thailand, but resonating globally.”
This alliance is set to impact Thailand’s electric vehicle market, with INNOPOWER handling the distribution of Exicom’s AC/DC chargers, he said.
To bolster its international presence, Exicom has also set up a local sales and distribution network consisting of members across India and Southeast Asia.
Exicom is expanding its global footprint by diversifying its product portfolio, making strides in new regions as well as digitization of the internal processes.
Exicom’s entry into Thailand marks a significant step in promoting streamlined EV charging solutions committed to enhancing its supporting infrastructure.
This aligns with Thailand’s goal of achieving carbon neutrality by 2050, driven by the government’s robust emphasis on e-mobility initiatives and dedicated efforts in EV development and supporting infrastructure, said Nahata.
The Exicom and INNOPOWER partnership has installed six 30kW chargers.
INNOPOWER’s role extends beyond distribution, encompassing promotion, marketing and sales of Exicom’s products across Thailand.
INNOPOWER is a joint venture of Thailand’s top energy firms including the Electricity Generating Authority of Thailand, Ratch Group Public Company Limited and the Electricity Generating Public Company Limited or EGCO Group. It specializes in innovative energy solutions.
“This partnership marks a significant step forward in our commitment to promoting clean mobility solutions and contributing to the sustainable development of the EV ecosystem in Thailand,” said Athip Tantivorawong, Chief Executive Officer of INNOPOWER. Fiinews.com
