Le Lézard
Classified in: Environment, Transportation, Science and technology, Business
Subject: CXP

Exicom emerges as largest EV charging brand in Malaysia

KUALA LUMPUR, Sept. 26, 2022 /PRNewswire/ --  Exicom, the leading EV charger and Li-ion battery manufacturer today said it has emerged as the largest EV charging brand in Malaysia with 40 per cent share 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.   

The company also has a strategic tie-up with Green EV Charge (previously known as Yinson GreenTech) for expanding the charging infrastructure in the country. 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.

Exicom believes that one of the biggest factors impeding the growth in adoption of electric vehicles is the lack of charging infrastructure.

Though the EV industry in Malaysia is still at a nascent stage, the country is focussing on developing supporting infrastructure in line with the aim to become a carbon-neutral country by 2050. As stated in its 12th Malaysia Plan, the government is determined to support its e-mobility initiative by focussing on the development of EVs and their supporting infrastructure.

Sharing his perspective on the achievement, Anant Nahata, Managing Director at Exicom, said, "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. 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 is at the forefront of EV charger deployment with its products backed by 50 months of R&D and technology development at its facility in National Capital Region of India.

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.

For further information, kindly contact [email protected]

Photo: https://mma.prnewswire.com/media/1905329/Anant_Nahata_MD.jpg
Photo: https://mma.prnewswire.com/media/1905330/Exicom_brand_Malaysia.jpg                                                                                        


These press releases may also interest you

26 nov 2022
Noble Corporation plc ("Noble") today announces changes to its share capital. 3,170 A ordinary shares with a nominal value of USD 0.00001 each (the "Excess Shares") issued by Noble in connection with the completion of the compulsory purchase of the...

26 nov 2022
(PRUnderground) GlobeTopper and Knox Wire announce global payment partnership. The collaboration will power payout capabilities world-wide. GlobeTopper is an award-winning prepaid B2B gift card concierge firm that helps clients navigate the ever...

26 nov 2022
The National Inquiry into Missing and Murdered Indigenous Women and Girls highlighted the underlying systemic causes of ongoing violence against Indigenous women, girls, and 2SLGBTQQIA+ people. The COVID-19 pandemic also created unprecedented...

26 nov 2022
Today, Canada remembers and honours the millions of innocent Ukrainians who were forcibly starved to death during the Holodomor famine-genocide. In a brutal attempt to destroy the cultural and national identity of Ukrainians, the Soviet regime of...

26 nov 2022
VENUSTAS, a global-leading heated apparel brand, is excited to release sale plans for Black Friday Holiday this week. With a mission to develop any accessible products, VENUSTAS Black-Friday Plan is expected to not only inject cheers into this...

26 nov 2022
After refocusing its activities around insurance distribution and carrying out an in-depth transformation of its business model since its acquisition by CVC Capital Partners in 2019, enabling the group to return to a high level of performance, the...

News published on 25 september 2022 at 21:30 and distributed by: