Quantum Energy partners with Bike Bazaar for last mile delivery
The agreement involves collaborating and powering a substantial number of Quantum Bziness Pro e-scooters.
Quantum Energy, an EV start-up specialising in the design, development, manufacturing, and sales of electric scooters, has announced its strategic tie-up with Bike Bazaar, an RBI-registered finance company that specialises in retail financing of Pre-Owned and New-vehicles.
The agreement involves collaborating and powering a substantial number of Quantum Bziness Pro e-scooters. With a range of up to 135 km on a single charge, this e-scooter is equipped with a high-performance Lithium Iron Phosphate (LFP) battery, which comes with a warranty of 3 years or 90,000 km.
Chakravarthi Chukkapalli, Managing Director of Quantum Energy said, “Through this partnership with Bike Bazaar, we aim to promote the adoption of electric vehicles for all kinds of deliveries. We are also working towards partnering with e-commerce and retail outlets for the use of electric vehicles in India and contribute to the country’s efforts towards a durable and carbon-neutral future."
Karunakaran V, Joint MD and Co-founder, Bike Bazaar Finance, said, “As a company dedicated to positively impacting the ESG space, we share a common vision with Quantum Energy towards a sustainable world.”
RELATED ARTICLES
Warburg Pincus to Acquire 38.51% Stake in Pricol’s Demerged Electronics Business
The deal will give Warburg Pincus control of Pricol’s automotive electronics business, while the Mohan family will retai...
TVS Srichakra Q2 Profit Surges to Rs 44.4 crore, Revenue Jumps 37%
Eurogrip maker’s consolidated net profit rises to Rs 44.43 crore from Rs 10.96 crore a year ago, as revenue grows 37.4% ...
Mahindra’s Auto Reorganisation: Who Leads Sales, EV Marketing and Manufacturing?
Shuchi Suri will oversee vehicle sales, electric SUV marketing and charging infrastructure. The heads of product plannin...



10 Jul 2023

Ketan Thakkar