In collaboration with Quantron AG, a leader in German e-mobility, Goldstone Technologies Limited (GTL) is establishing a joint venture company. The JV will be based in Hyderabad, India, and Augsburg, Germany, with ambitions to establish a US company in Q3 2023.
The German-based JV venture will concentrate on offering diverse solutions via a platform backed by AI. By creating this platform, GTL and Quantron will be able to meet the market’s pressing need for sustainable integrated solutions for transportation and logistics firms’ fleet management needs.
The new business will play a significant role in transforming transport towards zero emissions. By 2030, the size of the addressable market will range from 150 to 250 billion euros, enabling OEM-neutral mobility as a service (MaaS) solutions.
Target markets are Europe, the USA, India, and the Middle East with QUANTRON, and ETO Motors as the first customers. Both parties are planning to invest over 20 million Euros in the next 36 months into these platforms.
