Euler Motors Bags Order of 2,500 Units Of Its Upcoming E3W From E-Commerce Players

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The companies will deploy the EVs across Delhi NCR, Bengaluru, Hyderabad and Chennai. Deliveries of these vehicles are scheduled to take place in the next 6-8 months

Delhi-based electric vehicle manufacturer Euler Motors announced that it has bagged an order for 2,500 units of its upcoming electric three-wheeler cargo carrier from e-commerce players like BigBasket, Flipkart and Udaan. Euler will launch its first three-wheeler L5 cargo vehicle around the festive season.

It also includes orders from hyperlocal and business to business (B2B) delivery players for intra-city deliveries.

The companies will deploy the EVs across Delhi NCR, Bengaluru, Hyderabad and Chennai. Deliveries of these vehicles are scheduled to take place in the next 6-8 months.

Saurav Kumar, founder and CEO, Euler Motors, “We are delighted to see the strong pre-launch order booking, which is testimony to the customer confidence in and the strong performance and value proposition of our product. Our discussions with them have shaped our product deeply, based on valuable insights around customer needs and use case scenarios.”

“Our vision is to transform the commercial EV segment and its impact on India and set global benchmarks. We will soon focus on expanding our capacity and footprint to better meet our customers in more locations and in scale expectations,” Kumar added.

Currently, the company said it is plying 300+ vehicles as part of a pre-launch pilot with ecommerce, FMCG companies for intra-city delivery in Delhi-NCR.

Hari Menon, co-founder, BigBasket, said, “With the exponential growth in consumer acceptance of online deliveries and BigBasket’s dedication to electric mobility, we are committed to delivering smooth supply chains and enabling sustainable mobility. Euler Motors has demonstrated compelling advantages and a unique value set on these counts, stemming from superior technology, their design for Indian conditions and relentless focus on user experience.”

Sujeet Kumar, co-founder, Udaan, said, “We at Udaan remain steadfast in our endeavor to move our fleet to EVs as they are economical and environmentally friendly. The full stack approach that Euler Motors has taken to help companies transition to electric mobility has given us a lot of comfort in day-to-day operations of our fleet. We have seen a significant rise in operational efficiency and tangible savings as their electric vehicle offers a higher payload capacity when compared to any competing ICE vehicle.”

Founded in 2018, Euler has raised funds from ADB Ventures, Blume Ventures, Inventus Capital India, Jetty Ventures. It manages a network of 100+ charging infrastructure in Delhi NCR to support electric vehicles on ground.

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