Qucev

Qucev Technologies Private Limited (QUCEV) is a clean tech company specializing in the design, development and manufacturing of electric commercial vehicles. Qucev is committed to accelerating decarbonization in mobility and supporting businesses in achieving their sustainability goals.

Products & Services

• Electric Light Commercial Vehicles (LCVs): Manufacturing and assembling electric LCVs like the Qucev-QC3, designed for urban logistics, with a payload capacity of 1700 kg, 10 m³ cargo space and up to 180 km range per charge.

• Heavy-Duty Electric Trucks & Buses: In partnership with BYD, assembling and delivering advanced electric heavy-duty commercial vehicles using CKD kits and BYD’s battery technology for the Indian market.

• Fast Charging & Battery Technology: Vehicles equipped with LFP batteries, CCS2 fast charging (0–100% in 1 hour) and regenerative braking for efficient, reliable operation.

• Fleet Solutions: Custom EV solutions for logistics companies, cargo operators and large fleet owners seeking to decarbonize their operations and reduce total cost of ownership.

• After-Sales Service & Support: Maintenance, servicing and technical support packages for commercial clients to ensure high uptime and reliability.

• Sustainability Consulting: Helping clients achieve their sustainability goals by providing cost-effective, green mobility solutions tailored to business needs.

• Indian-Designed & Assembled Vehicles: All vehicles are designed and assembled in India, supporting local industry and employment while leveraging global technology partnerships.

Business Model & Revenue Streams

• Direct Sales of Electric Commercial Vehicles: The primary revenue stream is the sale of electric trucks, vans and other commercial vehicles to logistics companies, fleet operators, and enterprises.

• CKD Assembly & Manufacturing Services: Qucev assembles and manufactures EVs using CKD kits supplied by BYD and other partners, earning revenue through assembly contracts and technology integration.

• Fleet Solutions & After-Sales Services: Offers maintenance, servicing and support packages for commercial clients, creating recurring revenue opportunities.

• Strategic Partnerships & Technology Licensing: Gains income from technology transfer, licensing and co-development agreements with global EV players and component suppliers.

• Potential Leasing/Subscription Models: May explore vehicle leasing or subscription services for commercial clients seeking flexible fleet solutions.

Customer Segmentation

• B2B (Primary): Logistics companies, cargo operators, e-commerce delivery fleets and large enterprises seeking to electrify their transportation networks.

• Enterprise & Institutional: Government agencies and public sector bodies focused on sustainable mobility initiatives.

Growth Strategy

• Market Expansion: Scaling operations across India’s major logistics and industrial hubs, with potential to expand into other emerging markets.

• Product Innovation: Investing in R&D to develop new vehicle models and enhance performance, range and reliability.

• Strategic Partnerships: Leveraging alliances with BYD and other global leaders to access advanced technology and accelerate go-to-market.

• Manufacturing Scale-Up: Expanding assembly capacity and optimizing supply chain for cost efficiency and faster delivery.