An electric three-wheeler startup, Euler Motors has opened its four retail stores in the Delhi-NCR region. Euler Motors aims to cater to the growing demand for commercial EVs in the business and retail spaces, with a specific focus to connect to the retail customer.
With this, the company has four showrooms covering Delhi-NCR located at Azadpur, Okhla (New Delhi), Khoda (Noida), and Ghoda Chowk (Gurgaon).
The company also plans to open new stores across southern, and western regions of India. With these deployments, the company aims to capture around 25 per cent market share by FY24. These will be incremental to tap the growing demand for EVs in the retail sector and cater to multiple business segments across FMCG, pharma, e-commerce, and furniture amongst others.
The new showrooms also offer comprehensive after-sales services, including vehicle servicing, charging support, and maintenance.
Commenting on the launch of the new showroom, Saurav Kumar, Founder and CEO of Euler Motors, said, ‘’Our five showrooms cover every key location of Delhi-NCR where we also have our highest market share. We plan to replicate this in major delivery hubs of India and lead the commercial EV transition for the country.”