Mobility Portal, Spain
Date: June 13, 2024
Exicom is seeking “larger” clients and is focusing on the Nordic countries, the UK, and Southern Europe
By Lucía Colaluce

Exicom is seeking “larger” clients and is focusing on the Nordic countries, the UK, and Southern Europe

Exicom has 70,000+ chargers installed in India and is currently working on projects in Poland and Portugal. What are the differences between the Asian and European markets, and why is "self-diagnostic" software important?
Exicom chargers

In a conversation with Mobility Portal Europe, Anant Nahata, CEO and founder of Exicom, reveals the company’s expansion plans in the charging infrastructure sector.

Regarding this, Nahata comments: “There are several opportunities, but currently our focus markets remain the Nordic countries, the United Kingdom, and Southern Europe.”

However, the CEO reveals that Exicom has scheduled a trial in Portugal, which will start soon and is currently conducting another one in Poland.

Previously, it had expanded to Southeast Asia by partnering with INNOPOWER Company Limited, an energy innovation entity, for exclusive distribution in Thailand of alternating current (AC) and direct current (DC) equipment.

Furthermore, Nahata outlines the firm’s objectives.

“Our main goal is to work with small to medium-sized charging point operators (CPOs) and then, after establishing hundreds of chargers, to target larger clients,” acknowledges the CEO.

Nahata notes that each expansion to a new country takes time, as each one has its own challenges.

In the case of Europe, reliability and uptime entail significant costs, as sending employees for maintenance tasks is expensive.

In this regard, he recognizes that in the old continent, “intelligent software for self-diagnosis, self-repair, and remote management is critical.

The same applies to their home location.

“India doesn’t have an easy environment in terms of stability and the electrical grid. Therefore, our chargers were tested in the most hostile environments. That gives us confidence that if we can achieve uptime in those places, we can replicate it elsewhere,” states the CEO.

“Modular technology, high efficiency, scalability, robustness, and significant minor differentiating features have evolved over time,” he adds.

Currently, the company has installed more than 70,000 electric vehicle (EV) chargers in 450+ cities across India, the nation where the company was founded, making it the country’s largest charging facilitator.

Of the total devices registered in the system, 70,000+ are AC and 4,500 are DC.

The corporation indicates that, if India continues to meet the 2030 target, that is, 30 per cent of new car sales being fully electric by that year, the electromobility market would reach 206 billion euros.

This information comes from a study conducted by the Centre for Energy Finance (CEEW-CEF).

It’s worth mentioning that Exicom serves various sectors, such as CPOs, bus operators, truck operators, and public charging.

Among their clients, the most predominant is the bus sector.

What chargers does Exicom offer?

The company was present at the Nordic EV Summit, considered Europe’s most important conference and meeting on electric mobility, organised by the Norwegian EV Association.

The reason for their attendance was to introduce their products for both alternating current (AC) and direct current (DC) and to seek potential clients.

The company offers three variants in the AC charger segment in its portfolio according to user requirements.

In addition to technology, Exicom ensures that the device complements the home’s aesthetics.

They offer residential and advanced alternatives like Spin Pro and Spin Air, which are “complete” models, controllable via Wi-Fi or 4G, with a charging capacity of 120 kilometres in one hour and a power of 44 kilowatts.

They also market the Spin Free, which has a slower capacity of 15 kilometres in one hour and a lower power of 3.3 kilowatts.

In the DC segment, Exicom offers five different products that can charge everything from small EVs to electric buses.

These are Spin 3 and Spin Home for home installation, and Harmony Direct, Harmony Wall, and Harmony Bharat for commercial use.

“It’s an amazing market, and we’re excited to have this opportunity to grow our team and invest in this market, and hopefully, have a good business in the future,” declares Nahata.

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