nanoFlowcell gets 3 billion euros order for QUANTiNO
Staff Writer |
nanoFlowcell received and confirmed an order for 500 QUANT 48VOLT and 25,000 QUANTiNO 48VOLT vehicles. The purchaser is an international consortium of investors.
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This stands as an indirect validation of the business plan presented by nanoFlowcell Holdings.
The plan provides for the construction of a pilot facility for the series production (CKD) of QUANT low-voltage vehicles as well as the manufacture of nanoFlowcells and bi-ION electrolyte liquid, marking the start of a new era for electric mobility.
"I believe an advance order of this magnitude is unprecedented in the history of the automotive industry - particularly before actual production has even started," says Nunzio La Vecchia, CEO of nanoFlowcell Holdings.
"If you were to ask me what the buyer's motivation is, I could say: 'The sheer passion and enthusiasm for a globally unique low-voltage super sports car with flow cell drive!' - but we're talking here about financially shrewd investors.
"We share the passion for robust, forward-looking, disruptive innovation as well as our assessment of the enormous market potential for nanoFlowcell technology as an integrated nanoFlowcell 48VOLT low-voltage drive system in electric mobility and for mobile and stationary energy."
The sales price for the QUANT 48VOLT has been set at 3.5 million Swiss francs (approx. 3 million euros) and at 75,000 Swiss francs (approx. 65,000 euros) for the QUANTiNO 48VOLT.
The customers for the QUANT vehicles will come from the network of the investor consortium, including a large number of fleet operators.
However, the initial series of the QUANT 48VOLT will also be delivered to private individuals, who will take delivery of the vehicle complete with a domestic tank infrastructure for filling up their QUANT 48VOLT with bi-ION electrolytes.
The tank infrastructure consists of a storage tank and pump installed directly at the customer's home by nanoFlowcell.
Because the QUANTiNO 48VOLT will initially be used largely in fleets, the plan is to use so-called bi-ION tank spots operated by the fleet owners.
As per the domestic storage tanks, the bi-ION tank spots will be supplied for the first test fleets from the central production of the QUANT-City pilot plant. ■