Euler Motors Bags An Order Of 2,500 E-3Ws From Flipkart, Bigbasket And Udaan Ahead Of Maiden Launch

Euler Motors is set to launch its first three-wheeler L5 cargo vehicle around festive season. Currently, the company is already plying 300+ vehicles as part of a pre-launch pilot with eCommerce, FMCG companies for intra-city delivery in Delhi-NCR. The company is confident that its vehicle will set a new benchmark in on-road performance and customer profitability. Ahead for the maiden launch, the company has bagged an order of 2,500 EVs for intra-city deliveries from BigBasket, Flipkart, Udaan, along with other ECommerce, Hyperlocal and B2B delivery players. The companies will deploy Euler Motors’ EV across Delhi NCR, Bengaluru, Hyderabad and Chennai for their first, mid & last mile operations. Deliveries of these vehicles are scheduled to take place in the next 6-8 months. 

“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,” said Saurav Kumar, Founder and CEO, Euler Motors.

The company has already raised funds from ADB Ventures, Blume Ventures, Inventus Capital India, Jetty Ventures. Euler Motors also manages a network of 100+ charging infrastructure in Delhi NCR to support Electric Vehicles on ground.

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. We are delighted in the partnership and look forward to compelling results.”