{{distinguish|Quantum Motors Corporation of California|QuantumEV|Quantum Sports Cars}} {{Use dmy dates|date=April 2023}} {{Infobox company | name = Industrias Quantum Motors SA | logo = | image = | image_size = | image_caption = | foundation = 2017 | founder = José Carlos Márquez and Carlos Suroco Deiters | location = Cochabamba, Bolivia | area_served = Bolivia<br />Peru<br />Paraguay<br />Mexico<br />El Salvador<br /> | key_people = | products = electric cars<br />tricycle cars<br />motor scooters<br />scooters<br />electric bikes<br />electric tricycles | industry = Automotive | revenue = | revenue_year = | operating_income = | income_year = | net_income = | net_income_year = | assets = | assets_year = | equity = | equity_year = | homepage = {{URL|https://tuquantum.com}} }} '''Industrias Quantum Motors SA''' is a vehicle manufacturing company based in Cochabamba, Bolivia and founded by José Carlos Márquez and Carlos Suroco Deiters in 2010.<ref>{{Cite news |url=https://www.wsj.com/articles/electric-vehicle-tiny-bolivia-86b28ebf |title=Look Out, Tesla, There's a Really Tiny Competitor in Your Rearview Mirror |first=Ryan |last=Dube |work=Wall Street Journal |location=US |date=2023-04-26 |access-date=2023-04-29}}</ref> The company originally made mini electric dump trucks for the mining industry.<ref>{{cite press release |url=https://tuquantum.com/la-historia-de-carlos-marquez-el-loco-de-los-autos-electricos/ |title=José Carlos Márquez, el "loco" de los autos eléctricos |trans-title=José Carlos Márquez, the "crazy" electric car |first=Soporte |last=Quantum |publisher=Quantum |location=Bolivia |language=Spanish |date=2022-02-03 |access-date=2023-04-28}}</ref> It also makes motorcycles and bicycles.<ref name=Prensa>{{cite news |url=https://www.prensa-latina.cu/2021/02/24/cochabamba-con-mayor-cantidad-de-vehiculos-electricos-en-bolivia |title=Cochabamba con mayor cantidad de vehículos eléctricos en Bolivia |trans-title=Cochabamba with the largest number of electric vehicles in Bolivia |work=Prensa Latina |location=Cuba |language=Spanish |date=2021-02-24 |access-date=2023-04-28}}</ref><ref name=Prensa1>{{cite news |url=https://www.prensa-latina.cu/2023/04/28/cochabamba-con-mayor-cantidad-de-vehiculos-electricos-en-bolivia |title=Vehículos eléctricos de Bolivia buscan mercado en Cuba |trans-title=Electric vehicles from Bolivia seek market in Cuba|work=Prensa Latina |location=Cuba |language=Spanish |date=2023-04-28 |access-date=2023-04-30}}</ref>
==Electric cars== The company obtained a license to manufacture a small Chinese electric car, very similar in shape to the Henan Camp Industrial Co Ltd Robeta electric car, which Quantum adapted to suit Latin American conditions.<ref>{{cite web |url=https://www.robetaev.com/high-speed-car-4-wheel-mini-electric-classic-car.html |title=High Speed Car 4 Wheel Mini Electric Classic Car |publisher=Robeta New Energy Vehicle Co., Ltd. |location=China |access-date=2023-05-02 |archive-date=2 May 2023 |archive-url=https://web.archive.org/web/20230502031225/https://www.robetaev.com/high-speed-car-4-wheel-mini-electric-classic-car.html |url-status=dead }}{{failed verification |reason=Reference does not mention license|date=May 2023}}</ref> The cars were first manufactured in Bolivia in 2019 with 60% imported components and 40% local. The E2 and E3 models can fit up to three passengers and have a maximum speed of {{cvt|55|km/h|mph|0}}.<ref>{{Cite news |url=https://www.reuters.com/business/autos-transportation/tiny-bolivian-automaker-bets-it-can-tap-worlds-largest-lithium-deposits-2022-07-28/ |title=Tiny Bolivian automaker bets it can tap world's largest lithium deposits |first1=Monica |last1=Machicao |first2=Diego |last2=Cartagena |publisher=Reuters |location=US |date=2022-07-28 |access-date=2023-04-30}}</ref><ref name=Prensa/>
The company has expanded its operations into Peru, Paraguay, Mexico and El Salvador. Agreement was reached with the Mexican government in 2022 for Quantum to manufacture its new E4 model there for the Mexican market. Quantum is working with the Mexican company Potencia Industrial SA de CV.<ref>{{Cite news |url=https://www.reutersevents.com/downstream/engineering-and-construction/bolivias-auto-producer-quantum-open-2023-mexican-plant-and-aims-offer |title=Bolivia's auto producer Quantum to open in 2023 Mexican plant and aims to offer Mexican-made EVs for about $7,500 |first=Renzo |last=Pipoli |work=Reuters Events |location=US |date=2023-02-21 |access-date=2023-05-02 |archive-date=28 April 2023 |archive-url=https://web.archive.org/web/20230428025952/https://www.reutersevents.com/downstream/engineering-and-construction/bolivias-auto-producer-quantum-open-2023-mexican-plant-and-aims-offer |url-status=dead }}</ref><ref name=Prensa/>
In Peru, Quantum marketed the Colibri, a three-wheel electric vehicle.<ref>{{cite web |url=https://qmperu.com/quantum-colibri/ |title=Quantum Colibri |publisher=Quantum |location=Peru |access-date=2023-04-29 |archive-date=29 April 2023 |archive-url=https://web.archive.org/web/20230429082750/https://qmperu.com/quantum-colibri/ |url-status=dead }}</ref> Quantum began operations in El Salvador in 2021 and announced it was going to build a factory there in 2022 producing the E5 model.<ref>{{cite web |url=https://www.economy.com.bo/articulo/itecno/autos-electricos-sello-hecho-bolivia-llegan-salvador-peru-paraguay/20230207203757009282.html |title=Quantum will invest $2.5 million to install a factory in El Salvadore |work=Economy |location=Bolivia |language=Spanish |date=2023-02-07 |access-date=2023-04-29}}</ref>
In 2022 Quantum began discussions with the Cuban government about the possibility of supply its electric vehicles and other products. These discussions were ongoing in 2023 with Quantum intending to show its products at the 10th Latin American Integration Association (ExpoAladi-2023) in Havana.<ref name=Prensa1/>
By 2023 the company had sold about 350 cars in Bolivia, but was finding it difficult to compete against the fuel subsidized fossil fuel vehicles.<ref>{{cite news |url=https://www.voanews.com/a/bolivian-ev-startup-hopes-tiny-car-will-make-it-big-in-lithium-rich-country/7093400.html |title=Bolivian EV Startup Hopes Tiny Car Will Make It Big in Lithium-Rich Country |publisher=Associated Press |via=VOA News |date=15 May 2023 |access-date=5 June 2023}}</ref>
==Models== Electric cars * E2 production commenced 2019 - no longer in production * E3 production commenced 2019 - no longer in production * E4 production commenced 2020 * E4+ (or E4 mountaineer) production commenced 2020 * E5 production commenced 2022 Tricycle car/motor scooter * Colibri * Duk-E - cargo carrier Motor scooter * Yuki Scooter * SK! Electric Bikes * Ara * Condor * Tuki Electric tricycle * Multi bike
==Batteries== One of the challenges for Quantum was obtaining low cost lithium batteries.{{Dubious|date=January 2025}} Up until 2022 when it established Quantum Batteries it had to rely on China for its supply.{{citation needed|date=June 2023}}
==Electric bikes== Quantum has partnered with the Chinese Company Yadea, who makes electric bikes that are imported by Quantum.<ref>{{cite news |url=https://restofworld.org/2022/quantum-motors-bolivia-electric-cars/ |title=Tiny cars and massive lithium deposits: The unlikely quest to build electric vehicles in Bolivia |first=Thomas |last=Graham |date=2022-04-12 |access-date=2023-04-28}}</ref> Quantum also markets Super Soco electric bikes under licence.{{citation needed|date=June 2023}}
== References == {{reflist}}
==External links== * [https://tuquantum.com/ Official website]
Category:Electric vehicle manufacturers Category:Companies of Bolivia Category:Cochabamba