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Quantron earned EUR13m in revenues in 2022

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By Bradley Osborne - 3rd March 2023

Germany – Quantron AG, a retrofit firm based in Gersthofen, Bavaria, has announced its results for 2022, reporting an annual turnover of approximately EUR13m, a 25% year-on-year increase. (T&BB reported EUR10m in revenue for 2021.)

The company stated that it aims to expand its revenues for 2023 to between EUR45m and EUR60m by achieving an order volume of around 360 vehicles. In addition, its research and development spending – which increased by 80% from 2021 to 2022 – will be increased by a further 100%. Quantron says it will focus its research primarily on fuel-cell electric trucks.

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