Quantron: from conversions to all-in-one solutions supplier
In Germany, Quantron AG has revealed further details of its future plans at a press conference marking the end of a four-week practical test of the electric conversion Mercedes Econic-based waste collection vehicle. The company plans to move beyond being a commercial vehicle conversion company to becoming a full-range supplier of complete electrified solutions and going public.
The company is to be organised in the business areas Q-Aftersales, Q-as a service, Q-Bank and Q-Insurance. Viewed across all these business areas, Quantron AG expects a turnover of 1.2 billion euros in the next five years. The management board plans to float Quantron AG on the stock market by the end of 2021.
Quantron itself was founded in 2019. The idea for the company was born under the company Haller based in Gesthofen, Germany. Quantron began as an Iveco contract partner and commercial vehicle specialist providing versions of the Iveco Daily converted to hybrid or electric drives. The business soon grew beyond conversions (also of trucks and buses), and as early as November 2019, an exclusive agreement was concluded with the Turkish bus manufacturer Karsan for the distribution of the Jest Electric and Atak Electric buses in Germany. This April, less than 12 months after its foundation, Quantron became the sales and after-sales partner for commercial vehicles and industrial applications for CATL in Europe.
Today, Quantron offers electric commercial vehicles from 3.49 to 44 tonnes, with the aim of providing customers with individual advice before conversion. “Among other things, we analyse in advance exactly what range is really needed in daily use in order to avoid over dimensioning the battery capacity and thus unnecessary costs for the customer,” says Quantron CEO Andreas Haller.
The company is headquartered in Augsburg, in the German state of Bavaria and currently has the capacity to retrofit around 5,000 commercial vehicles per year. The company is now aiming to expand this to 8,000 vehicles, including through its own production facility in Augsburg and the establishment of micro-factories. These are to be set up in the respective country and, according to the Management Board, will enable Quantron to process larger customer orders locally quickly and without transport costs.