announced that it won orders for 2500 units of its soon-to-be-launched electric
three-wheeler cargo carrier. The new orders are from big e-commerce players
like BigBasket and Udaan along with hyperlocal and business to business (B2B)
delivery players for intra-city deliveries.
The company is
likely to launch its first electric three-wheeler cargo vehicle during the
festive season or Q3FY22. Post the launch, the vehicles would be delivered in
the next 6-8 months.
vehicles (EVs) of Euler Motors would be deployed in major cities like
Delhi-NCR, Bengaluru, Hyderabad and Chennai for first, mid and last-mile
operations, according to Euler Motors’ media statement.
Founder and CEO, Euler Motors, expressed his delight to see a strong pre-launch
order booking. He added that the company would focus on expanding its capacity
and footprint in more locations.
Motors is plying over 300 vehicles in Delhi-NCR as part of a pre-launch pilot
with e-commerce and FMCG companies for intra-city delivery.
Euler Motors was started in 2018. It is an
automotive OEM that is focused on electric commercial vehicles. The company
also manages a network of over 100 charging infrastructure in Delhi NCR.
Udaan expressed their delight in the partnership and shifting to sustainable electric
Source – ET Energyworld
Image Source: Euler Motors