Log9 Materials Partners with Quantum Energy to Launch Bzinesslite Electric Vehicle, Targets Nationwide Implementation by 2024
- ByStartupStory | May 31, 2023
Log9 Materials, a battery-tech startup, has recently entered into a Memorandum of Understanding (MOU) with Quantum Energy, an electric vehicle manufacturer based in Hyderabad. This collaboration marks the beginning of a long-term strategic partnership between the two companies in the electric vehicle (EV) industry.
In a press release, Log9 Materials announced that as part of their collaboration with Quantum Energy, they have introduced a commercial electric vehicle (CEV) called ‘Bzinesslite.’ This two-wheeler is equipped with Log9’s RapidX 2000 batteries, enabling it to accelerate from zero to maximum speed within 12 minutes.
Log9 Materials and Quantum Energy have outlined their future plans to collaborate closely in the deployment of 10,000 InstaCharged two-wheelers. These vehicles will be utilized for various purposes such as e-commerce, food delivery, and courier services in the domestic last-mile logistics sector across India. The target for this ambitious project is to achieve nationwide implementation by March 2024.
The joint initiative is set to commence shortly with the initial deployment of 200 Bzinesslite e-2Ws in Hyderabad. Whizzy Logistics, a logistics fleet service provider facilitating hyperlocal deliveries, will be involved in this process, as stated by the companies.
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