Exicom Tele-Systems Limited — Updates, 27-01-2025: Press Release

Exicom has partnered with ChargeZone to develop and deploy over 500 high-power EV Charging Stations across India, including renewable energy integration. This collaboration supports India's transition to sustainable mobility, in line with government efforts to enhance EV infrastructure. Exicom will provide ultra-high-power charging solutions, leveraging its expertise in design-led manufacturing and remote management software for EV chargers. The partnership emphasizes sustainability, reflecting a commitment to create energy-efficient charging stations within major cities and along highways. Key offerings will include the Harmony Boost solution, optimizing energy use and reducing grid load by storing excess energy. This initiative is expected to significantly improve access to reliable EV charging, aligning with the growing adoption of electric vehicles. Investors should view this development as a positive step towards establishing Exicom's competitive edge in the expanding EV market.