Canadian Manufacturing

QUANTRON scales up global operations and works towards an ecosystem fueled by hydrogen

by CM staff   

Manufacturing Operations Automotive Cleantech ACT Expo business plan hydrogen QaaS partners QUANTRON


QUANTRON has had discussions with prospective fleet customers and QaaS partners both in the US and Canada.

Photo: QUANTRON

TORONTO — QUANTRON came to the US in October 2022 with a focus on hydrogen solutions for long-haul transport. The US represents a significant portion of QUANTRON’s long-term business plan. The truck will have a range with 80kg of tank capacity at launch with plans to grow to 120kg. This builds on QUANTRON’s plan to become a global H2 leader and offer an OEM agnostic ecosystem, with FCEV trucks ready for delivery, in Europe and North America, in early 2024.

Since the ACT Expo, QUANTRON has had numerous discussions with prospective fleet customers and QaaS partners both in the US and Canada.

“QUANTRON has been building a strong ecosystem for Quantron-as-a-Service with our US Class 8 hydrogen fuel-cell truck and FirstElement Fuel hydrogen supply and distribution alliance,” said Michael Perschke, Global CEO of Quantron AG at the Occasion of COLLISION Conference in Toronto. “Together, QUANTRON is meeting the great demand for zero-emission solutions and specifically hydrogen fuel-cell electric semi-trucks in North America. QUANTRON’s FCEV approach provides more range, scalability, and support infrastructure. This need will just continue to grow with recent announcements of clean air standards for heavy-duty vehicles and clean zero-emission technologies. We are excited to be meeting these needs.”

QUANTRON has officially kicked off its B-round funding with advisor STIFEL, seeking 200 – 250 million euro equity investment and 100 million euro in growth funding, recording strong registrations of interest from strategic and energy investors.

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QUANTRON’s recent announcement with GTL is focusing on further investment in North American presence, building an AI powered fleet and zero-emission platform.

“Since the ACT Expo we have received strong interest from both the US and Canada,” said Rick Haas, CEO of QUANTRON US. “We are also seeing a trend of interest in FCEV Trucks powered by green H2. Canada is a strong market for H2 and Fuel Cell powered trucks – especially due to long distances, challenging climate conditions and also a growing supply of H2 produced e g with Hydro power. We’re eager to grow into this market.”

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