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QUANTRON Joins Forces with ETO Motors for Indo-German Collaboration - Quantron AG, and ETO Motors (P) Ltd from Hyderabad, India, are planning to start a collaboration for the Indian market which both parties confirmed during the IAA transportation 2022 in Hanover - ETOMotors.com / Quantron.net
QUANTRON Joins Forces with ETO Motors for Indo-German Collaboration

 

NewswireTODAY - /newswire/ - Gersthofen, Bavaria, Germany, 2022/09/27 - Quantron AG, and ETO Motors (P) Ltd from Hyderabad, India, are planning to start a collaboration for the Indian market which both parties confirmed during the IAA transportation 2022 in Hanover - ETOMotors.com / Quantron.net.

   
 
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• Quantron AG (Germany) and ETO Motors (India) plan to collaborate for the Indian market;
• Within the collaboration ETO will provide design and development support to QUANTRON to bring ETO three-wheeler vehicles to the European market;
• In return QUANTRON will assist ETO in the development and launch of QUANTRON trucks and buses in India;
• The collaboration also aims to introduce H2 technology vehicles and infrastructure (such as tanks, dispensers and electrolyzers) between the countries.

Quantron AG, German expert in zero-emission BEV and FCEV transportation solutions, and ETO Motors Private Limited from Hyderabad, India, are planning to start a collaboration for the Indian market which both parties confirmed during the IAA transportation 2022 in Hanover.

ETO is a comprehensive electric mobility solutions and services company that provides clean and safe public transportation for first-mile, last-mile and intra-city commuters. Under the partnership, the Indian company will provide design and development support to QUANTRON to enable ETO three-wheeler vehicles to be co-branded by the relevant authorities in Europe. In addition, ETO will assist QUANTRON in establishing assembly and production facilities for ETO vehicles in Europe.

QUANTRON will be appointed as the sole sales and service partner for Europe for all jointly developed ETO three-wheeler vehicles for the ultra-last-mile. In return, the Augsburg-based e-mobility expert will assist ETO in the development and approval of QUANTRON trucks, last mile transporters and buses by the relevant authorities in India and other countries in the Indian subcontinent, making ETO the sole distributor for all QUANTRON vehicles and technologies in the territory. QUANTRON will also provide ETO access to its existing retrofitment kits for converting internal combustion engines to electric vehicles and assist ETO in designing and developing Indian versions of those kits, with Indian pricing and Indian licensing and approvals.

The key task is for ETO and QUANTRON is to develop BEV and possibly FCEV conversion kits for applications targeting a global market trucks, buses or even trains (for FCEV), depending on cost and feasibility.

The collaboration also aims to introduce H2 technology vehicles and infrastructure (such as tanks, dispensers and electrolyzers) through collaboration or import/export of technology between the countries. Furthermore, both parties will also work together in the development of new battery/energy solutions to be induced in vehicles/products in respective regions and ownership. They also will assist each other in a technology platform share including ecosystem connectivity, IoT, Fleet Management solutions, location based services, route management, energy, charging and location based services.
The parties plan binding agreements in Q4/2022.

About Quantron AG

Quantron AG (quantron.net) is a platform provider and specialist for sustainable mobility for people and goods; in particular for trucks, buses and vans with fully electric powertrains and H2 fuel cell technology. As a high-tech spinoff of the renowned Haller KG, the German company from Augsburg in Bavaria combines over 140 years of commercial vehicle experience with state-of-the-art e-mobility know-how and positions itself globally as a partner to existing OEMs.

With the Quantron-as-a-Service Ecosystem (QaaS), QUANTRON offers an overall concept that covers all facets of the mobility value chain: QUANTRON INSIDE includes a wide range of both new vehicles and conversions for existing and used vehicles from diesel to battery and hydrogen electric powertrains using the highly innovative QUANTRON INSIDE technology. In addition, Quantron AG sells batteries and integrated customized electrification concepts. QUANTRON CUSTOMER CARE ensures digital and physical aftersales solutions with a Europe-wide network of 700 service partners, as well as a service offering for maintenance, repair and spare parts, telematics and in-cloud solutions for remote diagnostics and fleet management. Customers receive individual solutions: rental, financing and leasing offers such as training courses and workshops at the QUANTRON Academy. In the future, QUANTRON ENERGY will realize the production of green hydrogen and electricity as a platform. To this end, Quantron AG has joined forces with strong global partners. This Hydrogen Alliance also forms an important building block for QUANTRON POWER STATION, the supply of vehicles with the necessary green charging and H2 refueling infrastructure.

QUANTRON stands for the core values Reliable, Energetic, Brave. The team of experts at the innovation driver for e-mobility is making a significant contribution to sustainable, environmentally friendly passenger and freight transport.

About ETO Motors

ETO Motors Pvt Ltd (etomotors.com) is an established large scale manufacturer of ETO THUNDERBOX charging stations and three-wheeler heavy duty transports with a large fleet in operation throughout India. Apart from logistics solutions, ETO also provides feeder public mobility solutions with ETO FLEET operating in various cities.

Change is no longer a mere necessity; it is imperative. The world needs solutions to move in a manner that is good for the planet and its people and ETO Motors is here to help make that good move. Our purpose is led by our 3E principle, ENVIRONMENT, EMPOWERMENT, EMPLOYMENT.
ETO is an all-electric mobility ecosystem for passenger and first and last-mile business logistics.
Built on the back of breakthrough engineering and innovative manufacturing.

ETO is ceaselessly working towards the financial and social betterment of the often ignored strata of society with a range of schemes, incentives, and benefits, including OYES (Own Your ETO Scheme).
In particular, ETO EMPOWERS aspires to enable women drivers with the 'technology to change tomorrow.' To date we have rolled out a pilot programme that has hired hundreds women to be self-employed owner drivers successfully and will expand this programme to the rest of India and other developing countries.
Apart from manufacturing and R&D facilities, ETO also has deep software development experience and expertise in transport and logistics software that are incorporated in our current fleets. All our vehicles are connected to the IoT and provide extra peripheral logistics and transport services such as blockchain tracking, securitized asset management, and driver security solutions.
ETO will be manufacturing and rolling out low-cost feeder buses in India from Q1 of 2023 complementing its current range of products. In addition, ETO has many innovative patent pending solutions that solve feeder transport and last mile logistics problems. We are not a concept, but a proven manufacturer of products operating in the real-world environment.

ETO. The Good Move.

Your contact:
Martin Lischka, Head of Marketing & Communications Quantron AG, m.lischka[.]quantron.net.

 
 
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QUANTRON Joins Forces with ETO Motors for Indo-German Collaboration

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ETO Motors | QUANTRON
Contact: Stephanie Miller - Quantron.net 
+49(0) 821 7898400 press[.]quantron.net
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Quantron AG securities in any jurisdiction including any other companies listed or named in this release.

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