Saturday, Feb 4 2023 | Time 04:09 Hrs(IST)
image
Business Economy


Quantum Energy opens its first EV dealership in Telangana

Hyderabad, Dec 8 (UNI) Quantum Energy, a leading electric vehicles (EV) firm into design, development and manufacturing of electric scooters, on Thursday announced the launching of its first dealership in Telangana at the Financial District in Hyderabad.
The new dealership was inaugurated by Telangana Principal Secretary (IT & Industries) Jayesh Ranjan in the presence of Quantum Energy Director Chakravarthi Chukkapalli.
The company has its R&D center and manufacturing facility in Hyderabad, Telangana.
The state-of-the-art showroom displays the entire range of high-speed EV scooters – Elektron, Milan and Bziness, which have already been launched in the market and have received tremendous response.
The dealership also showcases the new vehicle -Plasma which will be launched in early 2023.
The EV company dealerships will open up in Secunderabad and Warangal as well today.
The company has already launched its products in Odisha, Andhra Pradesh and Maharashtra.
Quantum Energy brings advanced technology into India with inhouse design, development and manufacturing capabilities under Make in India initiative.
It is backed by the prestigious Kusalava group which has been in the automotive industry for the past 50 years.
Speaking on the occasion, Jayesh Ranjan while congratulating and appreciating the team of Quantum Energy on their continuous endeavour to reduce the carbon footprint making India a cleaner and a greener country, urged the company to manufacture more EV vehicles to make India more Eco Friendly.
Chakravarthi said that our scooters have been developed with technology to deliver the best range without compromising on the performance. The focus has been on building high quality products at affordable prices in the Indian market. Encouraged by the response we have received for our vehicles; we have also started our second production facility with a total space of 85,000 sq.ft. and production capacity of 5000 vehicles per month.”
UNI KNR SHK1929
More News
TCS Positioned as a Leader in IDC MarketScape for GCC Business and Industrial IoT Services

TCS Positioned as a Leader in IDC MarketScape for GCC Business and Industrial IoT Services

03 Feb 2023 | 6:58 PM

Kolkata, Feb 3 (UNI) Tata Consultancy Services (TCS) has been recognised as a Leader in the IDC MarketScape for GCC Business and Industrial Internet of Things (IoT) Consulting and System Integration services.

see more..
BOB Net Profit jumps 75 pc

BOB Net Profit jumps 75 pc

03 Feb 2023 | 6:52 PM

Mumbai, Feb 3 (UNI) Bank of Baroda’s net profit jumped 75 percent to Rs 3,853 crore in the October-December quarter of the current fiscal compared to the year-ago period.

see more..
DSCI’s National CoE, IISc Bangalore & CySecK host Cybersecurity R&D & Innovation Roadshow 2023

DSCI’s National CoE, IISc Bangalore & CySecK host Cybersecurity R&D & Innovation Roadshow 2023

03 Feb 2023 | 6:50 PM

Bangalore, Feb 3 (UNI) National Cybersecurity Centre of Excellence (NCoE), a joint initiative of the Data Security Council of India (DSCI) and the Ministry of Electronics and IT (MeitY), in collaboration with the Indian Institute of Science (IISc) – Bangalore and CySecK, on Friday hosted a Cybersecurity R&D & Innovation Roadshow 2023 at IISc campus to provide a platform to academia, research institutes, start-ups, and PSUs to exhibit their cybersecurity research, prototype, and products.

see more..
Rajan Pental appointed as Executive Director of YES BANK

Rajan Pental appointed as Executive Director of YES BANK

03 Feb 2023 | 6:42 PM

Kolkata, Feb 3 (UNI) YES BANK announced that the Reserve Bank of India (RBI) has approved the appointment of Rajan Pental as an Executive Director of the Bank for a period of three years w.e.f. February 2.

see more..
VFS Capital launches business operations in Rajasthan

VFS Capital launches business operations in Rajasthan

03 Feb 2023 | 5:50 PM

Kolkata, Feb 3 (UNI) VFS Capital Ltd, a leading Kolkata-based NBFC-MFI, has announced the launch of its business operations in Rajasthan, thereby expanding its footprint in 14 states in the country.

see more..
image