Euler Motors To Deploy 1000 HiLoad EVs In Partnership With LetsTransport
Highlights
- The partnership will help Euler Motors increase its foothold.
- Euler Motors will oversee deployment of these vehicles.
- LetsTransport will enable customer mobilization and retail deliveries.
Euler Motors has partnered with LetsTransport, a Bengaluru based urban logistics aggregator to deploy 1,000 HiLoad EVs. Both companies have collaborated to deploy these EVs in Bangalore, Hyderabad, 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 deployment of these vehicles via its full stack ecosystem of charging infrastructure and service support, while LetsTransport will enable customer mobilization and retail deliveries.
Also Read: Magenta, Euler Motors Join Hands; To Deploy Over 1,000 HiLoad Electric Cargo Vehicles
Saurav Kumar, Founder and CEO, Euler Motors, said, "Our partnership with LetsTransport is yet another successful milestone in the pursuit to bring a real change in EV adoption and aggressively expand our customer footprint in India. HiLoad's unique value proposition, coupled with LetsTransport's strong industry presence and in-depth logistics expertise make this partnership a win. I am thankful to Pushkar's team for their confidence in Euler Motors. Together, we intend to make our EVs more accessible in India, increase deployments and drive segment growth."
Also Read: Euler Motors Receives 1000 Orders For EVs By MoEVing
The HiLoad range of EVs offer a load capacity at 688 kg, on road range of more than 151 km and a 12.4 KwH liquid cooled battery. Euler Motors has already commenced deliveries for 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 happening across India. It plans to deploy around 8,000 HiLoad EVs by the end of this financial year.
Last Updated on June 15, 2022
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