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.
AD Agencies
Prakash Nair reportedly quits Ogilvy after 23 years
One of the agency’s longest-serving leaders has moved on, with his next destination still unknown
MUMBAI: After more than two decades at one address, Prakash Nair has left the building. The president and head of office, north at Ogilvy has moved on from the agency, according to highly placed industry sources. His next move remains unknown. Ogilvy did not respond to requests for comment.
Nair spent over 23 years at the agency, making him one of its longest-serving senior figures. He was elevated to lead the Gurugram office in April 2022, a role that put him at the helm of Ogilvy’s northern operations at a time of considerable churn across the advertising industry.
Before taking charge in the capital, Nair served as associate president at Ogilvy Mumbai, where he worked on some of the agency’s most prized accounts, including Mondelez, Tata Motors, and BP Castrol. Over the years, he built a reputation for driving modern, integrated, and award-winning work, the kind that wins metals at Cannes and keeps clients from straying.
His departure was marked in style. A farewell gathering was held in Delhi, attended by senior figures from across the advertising fraternity, a signal of the regard in which Nair is held in an industry that does not always pause to say goodbye properly.
Where he goes next is the question the industry is now asking. After 23 years at one of the world’s most storied agencies, the answer, when it comes, will be worth watching.
