Blog

Exicom India EV Strategy | Exicom’s Plans for E-Mobility – EV Next


by Narasimhan Santhanam

Exicom’s Plans for E-Mobility – EV Next

exicom



This posevnext-logo-v-smallt is a part of EV Next’s EV Perspectives.

EV Nexta division of EAI, is a leading market intelligence & strategic consulting firm for the Indian e-mobility sector.


 

Introduction

Exicom Power Solutions, a privately held company was established in 1994 has over two decades of experience in designing, engineering and manufacturing efficient, reliable and cost effective power and energy solutions for electric vehicles, information technology, telecom and renewables sector. 

Company Profile

The company’s deployments are backed by state-of-the-art R&D centre, manufacturing setup and pan India service support. Exicom is also the largest supplier of Li-ion batteries with deployment of ~1 GWh of battery solutions. The company has successfully deployed AC and DC Fast Chargers for various consumers including government PSU’s, fleet operators and Auto OEM’s etc.

It has 2 manufacturing units (Gurgaon and Solan) for rectifiers, controllers & power systems and Exicom battery manufacturing facility can handle upto 75K battery packs per year. 

Product Profile

The company offers various sized Li-ion batteries named Cube and EV chargers( 3 kW to 250 kW slow, moderate, Fast and high power).

Future Plans

  • Exicom partnered with MG Motors in November 2019 for repurposing used batteries. As part of the partnership, Exicom will re-use electric vehicle batteries at the end of their life cycle for a wide range of non-automotive applications like home inverters, commercial and industrial uninterruptible power supply, and renewable energy storage.
  • Exicom is in advanced stages of making its indigenous versions of their high-voltage converters, which will bring the localised content for chargers to about 70 %.
  • Exicom Tele-Systems acquired the contract to supply 125 electric vehicle chargers to state-run Energy Efficiency Services Ltd (EESL) for charging vehicles procured from Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) from December 2017.

Partnerships

  • Exicom Power solutions Provides Li-ion batteries to Kinetic Green Electric-3 wheelers.
  • Exicom has signed a memorandum of understanding (MoU) with engineering and manufacturing major Bharat Heavy Electricals Limited (BHEL) in May 2019, on a strategic tie-up to address the requirements of e-mobility market for wayside charging infrastructure (using EV chargers of ≤ 100V) and also to set up an EV charger manufacturing facility for e-mobility business.
  • The company partnered with Bounce in November 2019 to supply batteries and charging infrastructure for electric scooters operations of the last mile mobility service provider.
  • Partnerships with NTPC, Lithium Urban, fortum, Okinawa, Indian Oil.

R&D

The company is supported by state of the art in-house R&D, manufacturing facilities and service organization. It has a team of engineers keen in designing optimum DC Energy Systems, develop Rectifiers, Control/Monitoring Devices, Software and other Building Blocks that go into the assembly of Power Systems.

Exicom Tele-System opened its new battery R&D centre and launched multi-standard chargers for EVs in Bangalore in jan 2018

Other Strategic Perspectives

  • Companies should expand by broadening their manufacturing capacity as well as by utilizing investments to work with other global players on research and development that considers local needs.
  • As technology costs decline and battery deployments proliferate, existing niche markets will expand, opening new markets and value-streams for storage. To become a world-class manufacturing destination, India needs to have technology, quality, and scale. This is the right time for investment and building skilled manpower.

Read EV Next posts on the India electric vehicle strategy for these companies: ABB | ACME | Altigreen Propulsion | Amara Raja | Ashok Leyland | Ather Energy | Audi | Bajaj | BASF | Bharat Forge | Black & Veatch | BMW | Bosch | Continental AG | Denso | ExideFord | Fortum | General Motors | Great Wall Motors| Greaves | Hella | Hero Electric | Honda | Hyundai | JBM | Kia | Kinetic Green | LG | Mahindra Electric | MG Motors | Nissan | Ola | Olectra | Panasonic | Piaggio | Porsche | Renault | Samsung SDI | Schneider Electric | Sun Mobility | Tata Autocomp | Tata Motors | Tata Power | Toyota | TVS Motors | Uber | UL | Volvo |


evnext-logo-v-small

Know more on how EV Next can assist your business in your strategy for the e-mobility and electric vehicles sectors, Here

Wish to know everything about India’s EV market from one place? Check out the India EV Expert Guide, an 800 page comprehensive guide to the Indian EV marketHere



Categories: E-mobility, Electric Vehicles, EV Batteries Strategy, EV Charging and Swapping Strategy, Indian E-mobility Strategy

Author - Narasimhan Santhanam


Thank you for reading this post – hope it was helpful. You can connect with me at narsi@eai.in. My detailed profile here and my LinkedIn profile here

Related Posts


About EAI and BioBiz for Bio-CNG

BioBiz for bio-CNG, EAI's specialized consulting division for bio-CNG, provides assistance in market research, strategy consulting, technology vendor/supplier finder assistance and more for the complete bio-CNG value chain – feedstock sourcing, logistics, pre-processing techniques, anaerobic digestion, biogas scrubbing, biogas upgradation, end user markets for bio-CNG and digestate, and more. Send a note to consult@eai.in if you wish to take BioBiz’s assistance for the Indian bio-CNG market.

About EAI & EV Next

EV Next, EAI's specialized consulting division, provides assistance in market research, strategy consulting, technology vendor/supplier finder assistance and more for the complete EV value chain - Li-ion & Lead Acid Battery Cells & Battery Packs, BMS, Battery Manufacturing equipment, EV charging station, battery swapping station, Li-ion & Lead Acid battery recycling, and for a range of electric vehicles - e-bikes, electric bicycles, electric scooters, electric motorbikes, electric autos, e-autos, e-rickshaws, electric trucks, electric LCVs, electric buses and more. Send a note to consult@eai.in if you wish to take EV Next assistance for the Indian electric vehicle market.



Devising Your EV Strategy: White Paper from EAI.


Leave a Comment ( 0 ) →



Leave a Comment

X

Name

Email

Mobile

Company Name

X

Name(*)

Email(*)

Mobile

Company Name

X

Name(*)

Email(*)

Mobile

Company Name

X

Name(*)

Email(*)

Mobile

Company Name

//