Quantron has announced a strategic tie up with Indian truck and bus builder ETO which will see the companies share products and know-how on carbon zero vehicles
Further signs of a global shift towards collaborations and partnerships to tackle the carbon zero challenges with the announcement Quantron and ETO Motors are planning to share products and market opportunities in Europe and India. The new partnership, announced at IAA Transportation 2022 will see Quantron to bring ETO three-wheeler vehicles to the European market, while in return ETO will assist with the development and launch of Quantron trucks and buses in India.
Under the terms of the deal, which is expected to be finalised by the end of 2022, Quantron will be appointed as the sole sales and service partner for Europe for the ETO three-wheeler vehicles, while German-based Quantron will assist ETO in the development and approval of its trucks and buses by the relevant authorities in India and other countries in the Indian subcontinent. ETO will be the sole distributor for all Quantron vehicles and technologies in India. Quantron will also give ETO access to its existing retrofitment kits for converting internal combustion engines to electric vehicles and help ETO design and developing Indian versions of those kits, with Indian pricing and Indian licensing and approvals.
The collaboration also aims to introduce hydrogen 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.