QUANTRON and Electromin Partner in Saudi Arabia

Electromin and QUANTRON expand their business through a long-term strategic distribution partnership in Saudi Arabia. Electromin has entered into a strategic partnership with Quantron AG, a pioneer in sustainable e-mobility. Electromin is a turnkey e-mobility solutions company wholly owned by Petromin Corporation (“Petromin”), a leading provider of mobility solutions in Saudi Arabia.

(Augsburg/Riyadh) The collaboration combines Electromin’s expertise across the e-mobility ecosystem with Quantron AG’s industry knowledge in electrified commercial vehicles, making QUANTRON an attractive partner for existing OEMs.

As a high-tech spin-off of the renowned Haller KG, Quantron AG brings together over 140 years of commercial vehicle experience with cutting-edge e-mobility know-how. The Augsburg-based company not only supplies numerous customers with electrified commercial vehicles for sustainable CO2 emission reduction but also offers a 360° ecosystem around emission-free mobility with Quantron-as-a-Service.

Electromin is a technology-oriented provider of turnkey complete solutions, offering consulting, operation, and maintenance. Electromin focuses its operations across the Middle East and is building a public charging network that provides a convenient charging experience for EV drivers.

Adding More Products

Kalyana Sivagnanam, Group CEO of Petromin, commented on the partnership: “QUANTRON has selected Electromin as the distributor for the Light Truck QUANTRON QARGO 4 EV in KSA. We are open to adding more QUANTRON products. Gradually, this agreement will be expanded to other emission-free products, depending on market suitability and demand. This is the beginning of a broader partnership as we explore other opportunities to strengthen this alliance. At Petromin, we place great importance on sustainability and adhere to the principles of responsible corporate governance. Two years ago, we embarked on an exciting journey with the ambitious goal of transforming our historic and successful company from a leading lubricant manufacturer and operator of the largest network of quick-service facilities into a world-class automotive technology company, advanced mobility, and cutting-edge transport solutions. As part of this journey, we introduced Electromin, a technology-driven provider of turnkey e-mobility solutions, which now leads the electrification of the Kingdom and the GCC.”

Successful Player in Europe

Michael Perschke, CEO of Quantron AG, said about the strategic partnership with Electromin: “QUANTRON is a successful player in Europe as we are technology-independent and offer our customers BEV and FCEV solutions that support them on their journey to providing emission-free transport solutions. Just recently, we presented the QUANTRON QHM FCEV at the IAA in Hanover, a European H2 range champion with up to 116 KG of hydrogen on board.”

Saudi Arabia is One of the Key Markets

Andreas Haller, Chairman of the Board and Founder of QUANTRON, added: “We have been looking for international growth opportunities, and Saudi Arabia is one of our key markets. This is how we became aware of Electromin and the Petromin Corporation and found many parallels in strategy and vision. Therefore, we decided to join forces. We look forward to building unique competencies for emission-free solutions in KSA together.”

Photo: © Quantron / Image Caption: Andreas Haller (left), Founder and Chairman of Quantron AG, & Kalyana Sivagnanam, Group CEO of Petromin, in Riyadh