Euler Motors, an electric vehicle company, has partnered with LetsTransport, a Bengaluru-based urban logistics aggregator to deploy 1,000 HiLoad EVs, India’s most powerful electric vehicle in the 3-wheeler commercial segment. Both companies will collaborate to deploy these EVs in Bangalore, Hyderabad, and Delhi-NCR and cover other cities across India over the next 12 months.
The partnership will help Euler Motors increase its foothold 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 via its full-stack ecosystem of charging infrastructure and service support, while LetsTransport will enable customer mobilization and retail deliveries. With segment-leading features of the highest load capacity at 688 kg, an on-road range of more than 151 km and a 12.4 KwH liquid-cooled battery, HiLoad, offers a low total cost of ownership.
Euler Motors has already commenced deliveries for LetsTransport, where the first batch of vehicles is operational in NCR. Following an excellent response for its recently launched HiLoad EV, Euler Motors has an order book surpassing 9,000 units, with retail and institutional deliveries happening across India. The company plans to deploy around 8,000 HiLoad EVs in the current financial year.