Together, Quantron AG and Ev Dynamics will develop sourcing and supply chain opportunities for EV components. In addition, the Ev Dynamics team will support Quantron AG in retrofits and technical developments. Together, QUANTRON and Ev Dynamics will have a production capacity of over 10,000 vehicles per year. Upon completion of the share exchange, Ev Dynamics will have approximately 14% of Quantron AG's share capital. The majority shareholder of Quantron AG continues to be Andreas Haller.
Andreas Haller, founder and CEO of Quantron AG: “Quantron and Ev Dynamics will jointly launch BEV and FCEV vehicles. Quantron is developing the products based on our many years of expertise in Germany and Europe. Production will be carried out by Ev Dynamics. Ev Dynamics will thus play an important role in our global growth strategy. The two companies will evaluate strategic partnerships with fuel cell technology companies. The share swap is another milestone in the strategic growth of the two companies.”
Miguel Valldecabres Polop, CEO of Ev Dynamics: "Quantron is an ideal fit for our group of EV-focused companies. Quantron has long-standing EV expertise for commercial vehicles and has excellent market access in Europe. Ev Dynamics will become one of QUANTRON's manufacturing facilities.
About Ev Dynamics (Holdings) Limited (HK: 476)
Ev Dynamics (Holdings) Limited is a pioneer and major player in the Chinese market for battery and fuel cell electric commercial vehicles. Formerly known as China Dynamics (Holdings) Limited, the company is a provider of integrated powertrain and logistics solutions for a wide range of applications. The group has a manufacturing facility in Chongqing and a distribution network in China, Hong Kong, Asia Pacific and South America.
For more information, please visit www.evdynamics.com