The partnership will help Euler Motors increase its penetration in the EV market, and expand its customer base with retailers, 3PL Logistics and fleet owners.
see photosThe partnership will help Euler Motors gain a foothold in the EV market.
Euler Motors has partnered with Bengaluru-based urban logistics aggregator LetsTransport to deploy 1,000 HiLoad EVs. The two companies have collaborated to deploy these electric vehicles in Bangalore, Hyderabad, Delhi-NCR and cover other cities across India over the next 12 months. The partnership will help Euler Motors increase its penetration in the EV market, and expand its customer base with retailers, 3PL Logistics and fleet owners. Euler Motors will oversee the deployment of these vehicles through its full stack ecosystem of charging infrastructure and service support, while LetsTransport will enable customer mobilization and retail deliveries.
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Saurav Kumar, Founder and CEO, Euler Motors, said, “Our partnership with LetsTransport is another successful milestone in our endeavor to drive a real change in EV adoption and aggressively expand our customer footprint in India. HiLoad’s unique The value proposition, strong industry presence and deep logistics expertise coupled with LetsTransport drive this partnership a win-win. I am grateful to the Pushkar team for their belief in Euler Motors. Together, we are committed to making our EVs in India more accessible, We intend to increase deployment and drive the growth of the segment.”
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The HiLoad range of the EV offers a road range of over 151 km and a load capacity of 688 kg on a 12.4 KwH liquid cooled battery.
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The HiLoad range of the EV offers a road range of over 151 km and a load capacity of 688 kg on a 12.4 KwH liquid cooled battery. Euler Motors has already started the deliveries of LetsTransport, and the first batch of vehicles is operational in NCR. The company has already received orders for 9,000 units, with retail and institutional deliveries taking place across India. The company plans to deploy around 8,000 HiLoad EVs by the end of this financial year.
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