India’s shift towards sustainable energy solutions has taken a significant leap with Exicom, a leader in EV charging solutions, joining forces with ChargeZone, a rapidly growing e-mobility company. This collaboration aims to establish over 500 high-power EV charging stations integrated with renewable energy, providing robust support for the country’s ambitious transition to emission-free mobility.
The share price of Exicom is trading 1.06% lower as of 2:11 PM on January 27, 2025.
Exicom’s flagship solution, Harmony Boost, will play a pivotal role in this venture. This battery energy storage system (BESS) supports faster charging and optimises energy use by reducing peak grid loads. This innovation reflects Exicom’s expertise in design-led manufacturing and software-driven remote management capabilities.
ChargeZone, known for its user-focused approach, will leverage its extensive network of over 1,500 charging stations and 2,700+ charge points to amplify this impact. Together, the two companies are addressing range anxiety while advancing scalable, sustainable EV infrastructure.
Aligned with India’s renewable energy goals, this partnership prioritises building environmentally conscious EV stations. By integrating advanced battery technology and sustainable practices, these stations promise reduced carbon footprints and optimised energy efficiency.
Exicom and ChargeZone’s collaboration reflects a broader trend in India’s EV ecosystem, where partnerships are pivotal for scaling infrastructure and driving adoption. Such initiatives align with government objectives to bolster clean energy utilisation and achieve net-zero carbon emissions.
Exicom’s CEO, Mr. Anshuman Divyanshu, remarked, “Our intent is to meaningfully contribute to India’s growing emphasis on sustainable EV charging solutions. This collaboration with ChargeZone will help us launch reliable and high-power charging solutions including advanced battery and renewables integrated solutions that will contribute to establishing a greener mobility for tomorrow.”
ChargeZone’s CEO, Mr Kartikey Haryani, revealed his vision for the collaboration, saying, “The partnership will enable us to scale sustainable EV charging infrastructure across India. We believe that accessibility, community empowerment, and sustainable practices are critical enablers of driving EV adoption in India, and we hope to contribute to this paradigm shift towards sustainability with Exicom’s advanced solutions and our extensive network.”
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 27, 2025, 3:48 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates