Partnership to provide e-mobility solutions in Saudi Arabia
Electromin, a turnkey e-mobility solutions company wholly owned by Petromin Corporation, has signed a strategic partnership with sustainable e-mobility pioneer Quantron AG.
Petromin Corporation is a Saudi Arabian lubricants and automotive services company, operating in lubricant oils including manufacturer, industrial, and automotive oils and lubricants, car servicing, fuel retailing and car dealerships.
Quantron AG, based in Augsburg, Germany, is a platform provider and specialist for sustainable mobility for people and goods, in particular for trucks, buses and vans with fully electric powertrains and H2 fuel cell technology. As a high-tech spinoff of logistics company Haller GmbH + Co KG, Quantron AG has more than 140 years of commercial vehicle experience with state-of-the-art e-mobility know-how and positions itself globally as a partner to existing OEMs. Quantron not only supplies numerous customers with battery- and hydrogen-electric commercial vehicles for the long-term reduction of C02 emissions but also offers a 360° product & solution ecosystem regarding zero-emission mobility with Quantron-as-a-service.
The collaboration combines Electromin’s expertise in the entire e-mobility ecosystem with Quantron AG’s industry expertise in the field of electrified commercial vehicles and makes QUANTRON an attractive partner for existing OEMs.
Electromin’s regional focus is the Middle East, where it is building a public charging network that provides a convenient charging experience for electric vehicle (EV) drivers. It offers turnkey solutions which includes in-depth consultation, ongoing network operation and maintenance.
“Two years ago, we embarked on an exciting journey with an ambitious goal to transform our historical and successful company from primarily a premier lubricant manufacturer and operator of the largest network of quick service facilities to a world class automotive technology, advanced mobility, and avant-garde transportation solutions company. As part of that journey, we introduced Electromin, a technology-driven, turnkey e-mobility solutions provider that is now leading the electrification of the Kingdom and GCC [Gulf Cooperation Council],” said Kalyana Sivagnanam, Group CEO of Petromin.
“QUANTRON has selected Electromin as its distribution partner for the QUANTRON QARGO 4 EV light truck in KSA [Kingdom of Saudi Arabia]. Naturally, we are open to adding other QUANTRON products.”
He added: “In time, this agreement will be extended to include other emission-free products, based on market suitability and requirements. This is the start of a bigger partnership as we are also exploring other avenues of mutual interest to strengthen this alliance.”
Michael Perschke, CEO of Quantron AG, said of its partnership with Electromin: “QUANTRON is a very successful player in Europe because we are technology-independent and offer our customers BEV and FCEV solutions that support them on their way to becoming a provider of zero-emission transport solutions. Recently, at the IAA in Hanover, we presented the QUANTRON QHM FCEV, a European H2 range champion with up to 116 kg of hydrogen on board.”
Andreas Haller, CEO 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. That’s why we decided to join forces. We look forward to building together unique competencies for zero-emission solutions in KSA.”