Exicom India EV Strategy | Exicom's Plans for E-Mobility - EV Next - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
Select Page


by Narasimhan Santhanam

Exicom’s Plans for E-Mobility – EV Next

Top management consulting experts for Bio-energy, EV, Solar, Green Hydrogen


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

Here's more about EAI

climate tech image India's first climate tech consulting firm

climate tech image We work across entire climate tech spectrum

climate tech imageOur specialty focus areas include bio-energy, e-mobility, solar & green hydrogen

climate tech image Gateway 2 India from EAI helps international firms enter Indian climate tech market

Deep dive into our work

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


Get to know about 1000+ EV innovations from EVI2EV Innovation Intelligence from EVNext 



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.


  • 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.


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 |


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


Get to know about 1000+ EV innovations from EVI2EV Innovation Intelligence from EVNext 

About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.


Copyright © 2024 EAI. All rights reserved.