A joint venture company will be established by Quantron AG, a significant player in German e-mobility, and Goldstone Technologies Limited (GTL). The JV will be based in Hyderabad, India, and Augsburg, Germany, with ambitions to establish a US company in Q3 2023.
The German-based JV venture will concentrate on offering diverse solutions via an AI-supported platform. By creating this platform, GTL and Quantron will be able to meet the market’s pressing need for sustainable integrated solutions for transportation and logistics firms’ fleet management needs. The new business will play a significant role in transforming transport towards zero emissions.
By 2030, the size of the addressable market will range from 150 to 250 billion euros, enabling OEM-neutral mobility as a service (MaaS) solutions. The first clients are QUANTRON and ETO Motors, with target markets including Europe, the USA, India, and the Middle East. Over 20 million euros will be invested by both parties into these platforms over the next three years.
The software will be provided and the integration of the customised platform will be managed by GTL as a development partner, while Quantron will use the digital platform as an enabler for its 360° ecosystem for its clients. With the help of the new software, an AI-driven SaaS-based platform will be able to function as both a transactional and customer-facing platform, with a User Interface for things like fleet performance measurement, etc. The JV has received enough inquiries, including from the fleets of the partners where the beta version will shortly be released.
In order to tackle difficult business problems, GTL will combine People, Processes, and Technology. BI, Analytics, and Sustainability solutions help businesses succeed with data. By providing targeted, adaptable, and high-quality solutions at the best prices, GTL’s world-class IT Service offerings hope to foster trusting relationships with clients and shorten time to value. In partnership with Quantron, GTL will create the platform’s Minimum Viable Product (MVP).
In this JV, Roadzen Inc. is a key partner to provide support with a digital product portfolio to provide modules for extended warranties, roadside assistance, and insurance-as-a-service (IaaS).
The JV would also handle the software’s distribution, selling, and commercialization as a whole. The JV’s emphasis is on the value that clients receive in addition to the solutions itself, not just the solutions themselves. Quantron AG, which began as a company making horse-drawn carriages in 1882, has over 140 years of experience in commercial vehicles and wants to offer heavy-lift e-mobility logistics solutions in the Indian market. With the goal of being OEM agnostic and concentrating on the needs of fleets in the future in the Zero Emission World, the JV will present the plan for the Indian market with the MaaS and Fleet Management services.
