This article talks about Euler Motors. It has introduced an electric three-wheeler cargo in India which is the most powerful one as compared to its rivals
Euler Motors recently introduced a fully electric powerful three-wheeler cargo that became a hit in the commercial market. The company was able to receive total bookings of 3500 units in just 10 days after its launch.
Euler Motors is an electric vehicle manufacturer that has received 1000 units for its new electric three-wheeler the HiLoad. The company is planning to commence the deliveries this month only. The recent order has been received by a Gurgaon based company, the MoEVing. Its a holistic technology company that focuses on a full-stack solution for the adoption of electric vehicles.
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This electric cargo is one of the most powerful three-wheelers that comes with a segment-first payload of 668kg, six feet cargo body, and comfortable driver cabin to carry all sorts of luggage. Since this electric commercial vehicle is out in the market, brands like Udaan, Flipkart and BigBasket have shown interests that has helped Euler to have some known commercial clients with a total booking of over 3500 units. The company is also planning to execute orders in the upcoming year aiming for over 5000 units on roads cornering close to 40-50% market share in its segment.
In Indias unique scenario, the HiLoad is the best solution with advanced technology and prowess to the problem of EV adoption. Due to the last-mile logistics, we are working towards a futuristic approach where there will be no urban transport left.
Saurav Kumar, Founder and CEO, Euler Motors, said, Euler Motors and MoEVing share a synergy of vision in the EV space, and we are delighted to be partnering with them and further our mission to achieve zero-emission logistics, with the unparalleled product, technology and ecosystem solutions. We have already deployed 100 HiLoads on the road within 10 days of the product launch, which is a strong testament to how we are inspiring customer confidence in our product. We aim to demonstrate robust impact, ensure continued TCO and look forward to a solid partnership with MoEVing in the long run.
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The Euler HiLoad will compete against the likes of Mahindra Treo Zor, Piaggio Ape E-Xtra, and Atul Elite Cargo. On comparing it with its rivals it is more powerful and its payload is a combination of highest battery power (12.4 kWh) with a range of 151 km in a single charge.
The Euler HiLoad has a unique design language. It comes with six segment-first features in a three-wheeler cargo that is compatible to deliver enhanced and better performance with a longer life on the unpredictable Indian roads and weather conditions. To meet the growing customer needs of location and scale, Euler Motors is expanding its production house in Delhi-NCR as well.
To support electric mobility, Euler Motors has developed connections with a network of 200+ charging stations in NCR and has also introduced a flexible charging system in India. This will range from mobile Charge on WHeels service stations to advanced charging variants such as home or onboard chargers or fast chargers that are available for a better customer experience.
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