Exicom TeleSystems sees a boost as major auto brands go for EV expansion

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Exicom TeleSystems sees a boost as major auto brands go for EV expansion - Business Standard

Quick Summary:

While speaking at the Bharat Mobility International Expo, Exicom managing director Anant Nahata told PTI that the company is on expansion spree and expects its third EV charger manufacturing unit in Hyderabad to become operational within four months.

Electric vehicle charging solutions maker Exicom TeleSystems sees a boost to its business from the expansion in EV portfolios by major brands and uptake of the technology in overseas markets as well, a top official of the company said.

"As we have seen at the Bharat Mobility Show, all the big brands, whether it's Tata, Mahindra, Maruti Suzuki, or a host of foreign brands, have launched electric vehicles for India.