RIYADH: Saudi mobility solutions provider Petromin Corp’s new venture Electromin has entered into a strategic partnership with Quantron to promote and distribute the German e-mobility specialist"s products in the Kingdom. With an initial focus on distributing battery electric last-mile vehicles, the partnership will bring forth Electromin’s expertise in the e-mobility ecosystem, coupled with Quantron’s industry capabilities in the automotive value chain, said a press release. “Quantron has appointed Electromin as a distributor for the Quantron Qargo 4 EV light truck in Saudi Arabia as well as a feasibility for other last mile vehicles,” CEO of Petromin Kalyana Sivagnanam, said. He added: “With 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.” The new partnership was formalized during the opening day of the EV Auto Show, held in Riyadh from Nov. 1 to 3. The event exhibited advanced solutions and products, offered by several organizations that are changing the face of e-mobility in the Kingdom. “We explored international growth and Saudi Arabia was one of our key markets,” Andreas Haller, chairman of Quantron, said. He added: “In Electromin and the Petromin Corporation, we discovered a huge overlap in our strategy and vision and decided to join forces.” Electromin said it offers future-proof solutions for private residences, workplaces, and public spaces, to enable the e-mobility evolution for everyone. It works with private individuals, businesses, and governments across the Middle East and is working on creating a public charging network for EV drivers. Germany-based Quantron said it created service solutions to achieve zero emissions with real positive environmental impact for people and goods. The firm which also offers mobility solutions for environmentally friendly goods and passenger transport supplies customers with battery and hydrogen-electric commercial vehicles for the long-term reduction of carbon dioxide emissions. It also offers a 360° product and solution ecosystem around zero-emission mobility with Quantron-as-a-service, the press release added.
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