Euler Motor secures orders for 2,500 small CVs from e-commerce firms
The companies will expand the electric vehicles of Euler Motors' across the National Capital Region, Hyderabad, Chennai and Bengaluru, to transform and strengthen their first, mid and last-mile operations.
According to a statement issued by the company, the deliveries of these vehicles are scheduled to take place in the next 6-8 months.
Additionally, Euler Motors told the media that they are ready to launch their first three-wheeler L5 cargo vehicle during the festival season. The company is currently exerting more than 300 vehicles as part of a pre-launch pilot with e-commerce, FMCG companies for intra-city delivery in Delhi-NCR.
E-commerce companies like Amazon, Flipkart and others are planning to adopt electric vehicles for last-mile delivery of goods to decrease their carbon emissions. To accommodate this demand, startups and established automakers are working to introduce electric small commercial vehicles.
The founder and chief executive of Euler Motors, Saurav Kumar, told the media that their discussions have profoundly shaped their product based on valuable insights around customer needs and utilising case scenarios. Their objective is to transform the commercial EV segment and its effect on India and set global benchmarks. He also informed that they would soon focus on expanding our capacity and footprint to meet their customers in more locations and scale expectations.
Also read: Omega Seiki signs MoU to set up Rs 100 cr electric vehicle unit in UP