Exicom and IONAGE partner to create a more accessible and open EV charging network in India

Exicom, one of India's leading EV charging and critical power solutions manufacturer, has announced a strategic partnership with IONAGE, a leading EV charging software platform provider. This collaboration aims to build a neutral, unified and accessible EV charging ecosystem, while simplifying charger discoverability, accessibility, and management across the country.

With India aspiring to reach 30% EV penetration by 2030, the country's EV charging infrastructure is expected to scale massively. Along with this impetus, comes the need to simplify EV charger discoverability, accessibility, operations, and management. The solution lies in a neutral, unified, customer facing platform that can enable end EV users to charge effortlessly without having to track multiple applications across charging networks and CPO's to operate and manage vast charging networks with ease and efficiency.

Exicom, with an installed base of 1.75 lakh chargers, is one of the leading EV charger manufacturers in the country. By joining forces with IONAGE, the companies will help build a solid open charger discoverability and management platform for different charging networks to converge on, enabling end EV users to effortlessly charge across networks.

As part of this Memorandum of Understanding (MoU), Exicom's extensive EV charging solutions will integrate with IONAGE's robust CMS platform, offering a seamless CMS integration option for various charging networks in the country while helping build a more robust EV charging ecosystem.

Empowering Charge Point Operators & Fleets:

CPOs, fleet operators, OEMs, and real estate developers will now have access to an optimized charging infrastructure powered by real-time insights, remote diagnostics, and predictive maintenance. This integration will help deliver higher charger uptime, reduce operational costs, and facilitate scalable deployment-critical for building customer confidence and expanding the EV charging infrastructure.

Simplifying EV Charging for Businesses & Consumers:

By merging best-in-class hardware with intelligent software, Exicom and IONAGE will make EV charging more accessible and efficient for businesses, fleets, dealerships, and individual users. Their bundled solution will enable a plug-and-play experience, minimizing setup complexities and enhancing user convenience. Whether managing a large fleet or setting up a home charger, users will benefit from a streamlined, costeffective solution tailored to their needs.

Anshuman Divyanshu, CEO of EVSE business of Exicom, said, "We are excited to partner with IONAGE to simplify the EV charging experience in India. This collaboration will not only help address the challenges users face in accessing charging stations but also strengthen the EV charger ecosystem by creating a unified platform that supports seamless, efficient, and reliable EV charging across the country."

Vimal Kumar V, CEO of IONAGE, said, "Our partnership with Exicom marks a key step toward transforming the EV charging landscape in India. By combining our expertise, we will create an integrated system that benefits both operators, fleets and users, making EV charging more accessible and reliable while driving the growth of sustainable mobility."

Shares of Exicom Tele-Systems Limited was last trading in BSE at Rs. 161.05 as compared to the previous close of Rs. 161.35. The total number of shares traded during the day was 179144 in over 2551 trades.

The stock hit an intraday high of Rs. 169.40 and intraday low of 160.00. The net turnover during the day was Rs. 29952165.00.

Source : Equity Bulls

Keywords

ExicomTeleSystems INE777F01014 HeavyElectricalEquipment Partnership IONAGE