MAM
Quantum Energy surpasses 10,000 EV rolled out threshold
Mumbai: Quantum Energy, an electric vehicle (EV) startup specialising in electric scooters, surpasses 10,000 vehicle sold within two years of its market debut. Since launching in October 2022, Quantum Energy has rapidly grown, moving from the 57th position to become one of the top 10 EV two-wheeler brands in India. This achievement reflects the company’s commitment to innovation and customer satisfaction. Quantum Energy operates in 11 states and two union territories, with a network of 108 touchpoints across the country.
Quantum Energy’s range of electric two-wheelers has quickly gained popularity. The Plasma, with a 2000W peak motor, reaches a top speed of 65 km/h and offers a range of up to 120 km on a single charge. The Plasma XR, also with a 2000W peak motor, has a top speed of 60 km/h and a range of up to 100 km per charge, balancing performance and affordability. The Milan, powered by a 1000W motor, delivers a top speed of 60 km/h and a range of up to 100 km per charge, combining style and functionality. The Bziness, designed for commercial use, is equipped with a 1200W motor, achieving a top speed of 60 km/h and a range of up to 110 km per charge. Each model caters to different consumer needs, from high performance and extended range to stylish urban commuting and commercial reliability.
Quantum Energy Ltd’s managing director Chakravarthi C commented, “Surpassing 10,000 vehicle rolled out is a major milestone for us and reflects our dedication to excellence and innovation. At Quantum Energy, we are committed to delivering exceptional products, supported by comprehensive warranties and exceptional after-rolled-out service. This success is also a testament to the hard work and passion of our entire team, whose efforts drive our continuous innovation in electric mobility. We strive to advance our offerings with cutting-edge solutions for cargo and fleet mobility, tailored to meet the diverse needs of Indian consumers. Our goal is to enhance transportation efficiency and provide our customers unparalleled reliability and satisfaction.”
Quantum Energy’s growth accelerates through strategic partnerships with leading battery technology companies, including Log9, Sun Mobility, and Battery Smart. These collaborations enable the company to offer advanced solutions for last-mile connectivity and ride-hailing services. Quantum Energy’s achievements have been recognised by the industry, with the company being named one of the top 10 EV startups of 2023 by Outlook India Magazine.
As a subsidiary of Kusalava International, Quantum Energy Ltd benefits from decades of expertise in manufacturing critical engine components for major OEMs. This foundation allows Quantum Energy to lead the electric vehicle revolution in India, building on its parent company’s legacy. The EV two-wheeler brand operates a production facility in Patancheru, near Hyderabad, with an annual capacity of 50,000 vehicles. To meet growing demand and enhance production capabilities, Quantum Energy is developing a new greenfield facility in Maheshwaram, expanding its production capacity to 250,000 vehicles per annum.
If you are actively investing to grow your money month after month, you already understand the value of planning ahead. SIPs, long-term portfolios, retirement planning and goal-based investing all point to one thing. You are building a future with intent.
What often gets missed in this process is one foundational question. How well is the income that funds all these plans protected?
Term life insurance fits naturally into this stage of financial planning. It does not compete with investments. It supports them by protecting the income that makes long-term growth possible.
Why Income Protection Is a Core Part of Financial Planning
Every financial plan begins with income. Before money is invested or saved, it is earned.
Over time, this income is allocated across multiple needs:
● monthly household expenses
● EMIs and long-term loans
● savings and emergency funds
● investments aimed at future goals
As responsibilities increase, financial planning becomes layered. Each layer assumes income continuity. Term life insurance exists to ensure that this structure does not become fragile due to overdependence on a single income source.
It adds stability to plans already in motion rather than introducing a new objective.
What does term life insurance do?
Term life insurance provides a fixed payout to your nominee if you pass away during the policy term. The purpose of this payout is practical and clearly defined.
It is intended to:
● replace lost income for a defined period
● help manage outstanding liabilities
● support ongoing household and goal-based expenses
There is no investment or savings component. This keeps the product focused and cost-efficient, allowing individuals to opt for meaningful coverage without diverting funds meant for growth-oriented investments.
Why Term Life Insurance Complements Investing?
Investments and insurance play different roles in a financial plan.
Investments are designed to:
● grow wealth over time
● compound with consistency
● be adjusted as goals and risk appetite change
Term life insurance is designed to:
● provide financial continuity
● protect existing plans from disruption
● remain stable once put in place
Keeping these roles separate improves clarity. Investments are allowed to perform without being forced to double up as protection, while insurance quietly supports the overall structure.
Who Should Consider Term Life Insurance?
Term life insurance becomes relevant when financial planning extends beyond individual needs. This typically includes:
a) Working professionals
When income supports shared expenses or long-term plans, protection becomes essential.
b) Individuals with long-term liabilities
Home loans, education loans and other EMIs often extend over decades. Term insurance ensures these obligations remain manageable.
c) Parents planning future milestones
Education, healthcare and lifestyle goals require continuity over many years.
d) Early planners with rising incomes
Starting earlier allows coverage to align smoothly with career progression and evolving responsibilities.
How Much Coverage Should Be Considered?
Coverage should be guided by financial reality rather than affordability alone.
A well-rounded evaluation typically considers:
● number of years income needs to be replaced
● existing and future liabilities
● long-term goals already planned
● inflation and rising living costs
Many insurance companies offer options starting from 50 lakhs, 1 crore term insurance and higher. It allows individuals to choose coverage based on their income, liabilities and future plans.
How Term Life Insurance Fits Into a Long-Term Plan
Once set up, term life insurance does not demand frequent attention.
It does not require active monitoring, market tracking or performance reviews. Its role is structural rather than dynamic.
By ensuring financial continuity, it allows families to:
● stay aligned with long-term plans
● avoid rushed financial decisions
● focus on execution rather than damage control
When aligned correctly, term insurance strengthens the foundation on which investments, savings and retirement plans are built.
Choose the Right Insurance Partner
Once the need, coverage amount and role of term life insurance are clear, the final and most important step is choosing the right partner.
This decision should be based on:
● clarity and transparency in policy terms
● a strong claim settlement track record
● consistency in servicing and communication
● the ability to support long-term financial planning rather than just selling a product
Term life insurance is a long-term commitment. The partner you choose today will be the one your family relies on years down the line.
When protection is aligned with purpose and backed by a dependable insurer, term life insurance becomes a quiet but powerful part of a well-built financial plan.
