Hydrogen-powered truck manufacturer Quantron has relaunched following insolvency, after a period of “critical reflection, process optimisation and strategic realignment.”
Last October, the German OEM filed for insolvency, due to growing debts and delays in paying employee wages. Workers feared that the company was headed for bankruptcy.
During insolvency, Quantron maintained core operations with a reduced team of 40, ensured wage payments through pre-financing, and launched a structured sales process to attract investors and secure long-term stability.
In an online statement, the company said, “The focus is now on sustainable growth, global partnerships, and the continuous development of technology.”
Further updates are set to be released by Quantron over the coming weeks. The firm will hold a press conference in Q2 2025 to present details of its future strategies and new projects.
It remains unclear whether QUANTRON’s strategy will shift away from hydrogen or electric trucks, although on LinkedIn, the company said it remains committed to “driving the transformation of transportation with zero-emission solutions.”
Founder and Owner Andreas Haller affirmed, “We remain fully committed to advancing our vision of transforming the transportation sector.
“We have laid the foundation to make QUANTRON resilient, profitable, and healthy in the long term.”
Hydrogen-powered trucking: Progress, pitfalls and the path to cost parity
As the hydrogen application funnel has narrowed, mobility advocates have been coining heavy-duty trucks as the frontier that will reap the benefits of hydrogen.
Despite 2024 proving to be a year of hampered ambitions across various end-uses, truck firms appeared to make clear strides in deploying heavy-duty hydrogen-powered vehicles.
The phoenix out of the ashes that is Nikola in October said that it had sold 235 of its Class 8 TRE FCEV trucks between Q4 2023 and Q3 2024. The firm also unveiled trials with the likes of DHL, Purina and Walmart.
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