Goldstone Technologies, Quantron AG form JV in fleet management space

Updated: May 31 2023 8:13PM

Mumbai, May 31 (PTI) Hyderabad-based Goldstone Technologies Limited (GTL) on Wednesday announced forming a joint venture with German electric mobility firm Quantron in the fleet management space.

The joint venture, which will be headquartered in Augsburg (Germany) and will have operations from Hyderabad, seeks to address the high potential fleet management market, GTL said in a statement.

The JV plans to set up a US entity by the third quarter of the current year, capitalising on the burgeoning global electric mobility market and hydrogen economy.