Since its launch in October 2022, Quantum Energy has experienced meteoric growth, ascending from the 57th position to secure a place among the top 10 EV two-wheeler brands in India
To address growing demand and enhance production capabilities, Quantum Energy is developing a new greenfield facility in Maheshwaram, which will expand its production capacity to 250,000 vehicles per annum
2 September 2024: Quantum Energy, a leading electric vehicle (EV) startup specializing in the design, development, and manufacturing of electric scooters, has achieved a major milestone of surpassing 10,000 vehicles sold within just two years of its market debut. Since its launch in October 2022, Quantum Energy has experienced meteoric growth, ascending from the 57th position to secure a place among the top 10 EV two-wheeler brands in India. This rapid rise reflects the company’s unwavering commitment to innovation, excellence, and customer satisfaction. With a presence in 11 states and 2 union territories, Quantum Energy has established a robust network of 108 touchpoints across the country.
Quantum Energy’s diverse range of electric two-wheelers has quickly become a customer favourite. The Plasma, equipped with a 2000W peak motor, offers a top speed of 65 km/h and an impressive range of up to 120 km on a single charge. The Plasma XR, equipped with a 2000 W peak motor, reaches a top speed of 60 km/h and offers a range of up to 100 km per charge, striking an ideal balance between performance and affordability. The Milan, powered by a 1000W motor, delivers a top speed of 60 km/h and a range of up to 100 km on a single charge, combining style with functionality. The Bziness, designed for commercial use, is driven by a 1200W motor, reaching a top speed of 60 km/h and offering a range of up to 110 km per charge. Each model is tailored to meet diverse consumer needs, from high performance and extended range to stylish urban commuting and commercial reliability.
Commenting on this remarkable achievement, Mr. Chakravarthi C., Managing Director of Quantum Energy Limited, remarked, “Surpassing 10,000 vehicle sales is a major milestone for us and reflects our dedication to excellence and innovation. At Quantum Energy, we are committed to delivering exceptional products, supported by comprehensive warranties and exceptional after-sales service. This success is also a testament to the hard work and passion of our entire team, whose efforts drive our continuous innovation in electric mobility. We strive to advance our offerings with cutting-edge solutions for cargo and fleet mobility, tailored to meet the diverse needs of Indian consumers. Our goal remains to enhance transportation efficiency and provide our customers with unparalleled reliability and satisfaction.”
Quantum Energy’s expansion has been further accelerated by strategic partnerships with leading battery technology companies, including Log9, Sun Mobility, and Battery Smart. These collaborations have enabled the company to offer cutting-edge solutions for last-mile connectivity and ride-hailing services. Notably, the company’s achievements have garnered industry recognition, with Quantum Energy being named one of the top 10 EV startups of 2023 by Outlook India Magazine.
As a subsidiary of Kusalava International, established in 1964, Quantum Energy Limited benefits from decades of expertise in manufacturing critical engine components for major OEMs. This strong foundation enables Quantum Energy to drive the electric vehicle revolution in India, building on its parent company’s legacy of excellence and innovation. The EV two-wheeler brand operates a state-of-the-art production facility in Patancheru, near Hyderabad, with an annual capacity of 50,000 vehicles. To address growing demand and enhance production capabilities, Quantum Energy is developing a new greenfield facility in Maheswaram, which will expand its production capacity to 250,000 vehicles per annum.
As Quantum Energy Limited celebrates the rollout of its 10,000th vehicle, the company reaffirms its commitment to pioneering innovation, maintaining the highest quality standards, and fostering a sustainable future for India’s transportation sector.
About Quantum Energy
Quantum Energy, committed to contributing to enabling the adoption of electric vehicles in India is an electric vehicle firm which is into the design, development and manufacturing of electric scooters with the Research and development centre and manufacturing facility at Hyderabad. With founders from a strong automotive background of 5 decades, Quantum’s passionate offering spans across a range of vehicles. For more info, please visit https://www.quantumenergy.in
