Leading EV charger and Li-ion battery manufacturer Exicom has invested 40 per cent of shares in Malaysia, making it the country's largest EV charging brand. The company has also engaged in a strategic tie-up with Green EV Charge, formerly known as Yinson GreenTech, to expand the charging infrastructure in the country.
Backed by technology and world-class innovation, Exicom has become the trusted technology provider for EV charging in Malaysia. It has been able to achieve this feat in 3 years, since it set foot in the Southeast Asian market as part of its strategy to expand global footprint.
Exicom believes that one of the biggest factors impeding the growth in adoption of electric vehicles is the lack of charging infrastructure.
"Malaysia has immense potential for growth in the EV markets in the SEA region and offers vast opportunity for a technology player of our stature to secure our position as a market leader," said Anant Nahata, Managing Director at Exicom, sharing his perspective on the achievement.
"We take pride in participating in the growth and development of the EV ecosystem with rigorous R&D and technology-backed products. Our future-ready products will propel us to gain strong foothold in the SEA market and help put Exicom brand on the global EV ecosystem map."
Exicom also supplies fast chargers to car dealers through Pekema (Persatuan Pengimpot Peniaga Kenderaan Melayu Malaysia). This apart, it is also setting up fast charging stations on Malaysian highways with various partners including Tenaga Nasional.
Due to its world-class innovations, the company continues to remain a trusted technology provider for marque automotive brands such as Tata Motors, MG, Vovlo etc. Exicom has already deployed DC chargers at various automotive headquarters and key showrooms, with a nationwide rollout predicted to accelerate over the next 24-36 months.