Quantum Energy Signs MoU with ZEVO to Supply 5000 E2Ws
Quantum Energy has signed a Memorandum of Understanding with ZEVO, a visionary sustainable mobility solutions provider, to supply 5000 electric two-wheelers.
June 12, 2024. By Aishwarya
This strategic partnership aims to catalyse the adoption of electric two-wheelers in the last mile delivery and fleet segments, leveraging the multiple benefits EVs offer over conventional internal combustion engine two-wheelers.
With a strong commitment to contributing to the growth of electric vehicles in India, Quantum Energy brings decades of automotive expertise and an advanced research, development and manufacturing facility in Hyderabad. "We are excited to partner with ZEVO and support their vision for sustainable mobility," said Chakravarti C, Managing Director of Quantum Energy.
"This collaboration allows us to accelerate the transition to electric vehicles, particularly in the rapidly growing last mile delivery space, reducing emissions and operating costs," he added.
ZEVO, a pioneering company founded in 2022 by visionary entrepreneurs CA Aditya Singh Ratnu and CA Dhruv Bhatia, recognized a critical need for sustainable mobility solutions for businesses.
"We are thrilled to join forces with Quantum Energy and leverage their cutting-edge EV technology. Together, we can drive a paradigm shift in the logistics industry, optimizing operations while minimizing environmental impact," said Aditya Singh, CEO of ZEVO.
This partnership underscores the shared commitment of both companies to promote sustainable transportation solutions and contribute to India's goal of achieving net-zero emissions.
By combining Quantum Energy's innovative EV offerings with ZEVO’s expertise in mobility solutions, the collaboration aims to revolutionize the last-mile delivery and fleet segments, providing cost-effective, environmentally friendly alternatives to traditional fossil fuel-powered vehicles.
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