Battery Smart's network of 900+ swap stations across 25+ cities will support battery swapping for Quantum's electric scooters through this collaboration.
Log9 and Quantum Energy will be working hand-in-hand to fulfill their target of deploying 10,000 two-wheelers InstaCharged EVs across India by March 2024
The e-bike manufacturer also plans to raise about Rs 100 crore from private equity firms to fund the capacity expansion, support new model development, and tap export markets.