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 exicom@adfactorspr.com

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

at 07:05
Today, Air Products and The AES Corporation announced plans to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. Air Products will host an investor teleconference today,...

at 07:00
Eleven Quebec universities have joined forces and signed the Nature Positive Pledge, becoming founding members of an international movement that includes more than 500 universities worldwide....

at 07:00
Air Products and The AES Corporation today announced plans to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. This mega-scale renewable power to hydrogen project includes...

at 06:45
Albemarle Corporation , a leader in the global specialty chemicals industry, today unveiled a breakthrough product that captures mercury from soil and mining waste, helping to remove this harmful element from the food chain....

at 06:35
Apogee Enterprises, Inc. will report its fiscal 2023 third quarter results on Thursday, December 22, 2022, before the market opens. The company will also host a conference call to discuss its financial results. This conference call will be webcast...

at 06:15
The "Green Technology and Sustainability Market by Technology (IoT, AI & Analytics, Digital Twin, Cloud Computing), Application (Green Building, Carbon Footprint Management, Weather Monitoring & Forecasting), Component and Region - Global Forecast to...

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