Successful IAA trade show for QUANTRON
- Significant increase in market acceptance
- Well-filled order books
- Double-digit turnover expected for 2022
- Outlook for business development in India and USA
This year’s IAA Transportation trade show was very successful for Quantron AG. Through its presence at the fair in Hanover from 20th – 25th September, the Augsburg-based company was able to make a strong impression as one of the pioneers in the field of emission-free mobility, particularly in Europe and North America. The company’s market-dominating position in the development of fuel cell-powered commercial vehicles and heavy-duty trucks was particularly reflected in the response of the international business and specialist media as well as among potential investors and customers.
With its FCEV model series, which attracted visitors attention through the respective world premieres, QUANTRON positioned itself clearly at the top of the industry especially in terms of range performance that visibly left the competition behind, something which was also recognised by the media. One special highlight at the trade show by the spin-off enterprise of the traditional Augsburg company, Haller, was the presentation of its propriety 360-degree QaaS ecosystem concept, the core of which is emission-free mobility – ranging from the production of green hydrogen and infrastructure through to financing and maintenance concepts. The mobility expert from Augsburg also underlined the unique position of the QUANTRON market approach in the field of emission-free mobility with the founding of a “hydrogen alliance” with well-known companies from the energy, infrastructure, mobility and financial sectors.
The cooperation and investment agreements that QUANTRON have concluded with the leading fuel cell supplier Ballard Power Systems Inc. from Vancouver as well as with the German company, Neumann & Esser, and the drive specialist Allison Transmission from Indianapolis were very clearly received in the public´s perception. With these agreements, QUANTRON is continuously expanding its own ecosystem (Quantron-as-a-Service). Further investment agreements are currently being prepared.
The performance and model range in the battery area was also well received by the general public and other interested parties.
Not least against this background, the Augsburg-based company was also able to fill the order books during the six days of the trade fair which had been prepared for by means of a sneak preview for the press, potential customers and investors held shortly before the start of the IAA. Overall, incoming orders accelerated noticeably. A number of vehicle orders were placed during discussions on the periphery of the fair and preliminary talks were held during the IAA itself with interested parties from Great Britain and Asia, including Malaysia and Singapore, which focused on vehicles with right-hand drive. The increasing demand for heavy-duty trucks powered by fuel cells was particularly noticeable during the talks.
The first deliveries of the new models are scheduled for mid-2023. QUANTRON customers include companies from the logistics, business and food sectors as well as from public sector enterprises. In order to be able to meet the constantly growing demand, QUANTRON has ordered the first batch of 140 latest generation fuel cells from Ballard.
The order books are not only full for the current year. Rather, the company expects a massive increase in incoming orders for 2023 and a high double-digit turnover by the end of 2023. In addition, Quantron AG has plans for business developments in India and USA. More information on this will follow in October.