Goldstone Technologies and e-mobility major Quantron AG, forge JV to build digital platforms offering sustainability services

Goldstone Technologies and e-mobility major Quantron AG, forge JV to build digital platforms offering sustainability services

 Mumbai (Maharashtra) [India], April 26: Goldstone Technologies Limited (GTL) is setting up a Joint Venture Company partnering with German e-mobility major, Quantron AG. The JV will operate out of Augsburg, in Germany and from Hyderabad, with plans to set up a US entity in Q3 2023.

The JV company operating out of Germany will be focusing on providing various solutions through an AI supported platform. GTL and Quantron, by developing this platform will be serving a market which is under serious requirement of sustainable integrated solutions for mobility and logistic companies for their fleet management solutions. The new company will be a key enabler for a zero-emission transport transformation. The addressable market size will be between 150-250 Billion Euros by 2030 enabling OEM agnostic mobility as a Service (MaaS) Solution. Target markets are Europe, the USA, India, and the Middle East with QUANTRON, and ETO Motors as the first customers. Both parties are planning to invest over 20 million Euros in the next 36 months into these platforms.

GTL as a development partner will provide the software and manage the integration of the customised platform and Quantron will utilise the digital platform as an enabler for its 360° ecosystem for its customers. The new software will enable an AI-driven SaaS-based platform to serve both as a transaction and customer-facing platform, featuring a User Interface for e.g., the performance measurement of fleets, etc. The JV has enough enquiries including the partners’ fleets where the beta version will be launched soon.