Euler Motors Receives 1000 Orders For EVs By MoEVing

Commercial electric vehicle start-up, Euler Motors, has bagged an order for 1000 electric three-wheelers from MoEVing, for its recently launched HiLoad EV. MoEVing which is into facilitating mass EV adoption in India will deploy these vehicles across the country. Deliveries from Euler Motors is expected to commence from December 2021 itself and will be carried out till the end of 2022. The company has also said that with the order, the total number of bookings for the HiLoad crosses 3,500 vehicles, including orders from Flipkart, BigBasktet and Udaan with deliveries expected to be completed over the next 12-18 months. Euler Motors expects to see 5,000 deployments by the end of FY2023

Vikas Mishra, Founder and CEO, MoEVing, said, "India is on the right track with regards to electric mobility, and there is no doubt that commercial logistics will spearhead this transition. Our mission at MoEVing is to grow our electric fleet to 100,000 by 2025. Euler Motors' product, HiLoad, is a compelling solution with the technology prowess to the problem of EV adoption in India's unique scenario. Working towards a future where there are no urban transport emissions, especially due to last-mile logistics, we are excited to deploy HiLoad in our fleet."

Earlier, MoEVing had also partnered with Hero Electric and Piaggio.

Saurav Kumar, Founder and CEO, Euler Motors, said, "Euler Motors and MoEVing share a synergy of vision in the EV space, and we are delighted to be partnering with them and further our mission to achieve zero emission logistics, with unparalleled product, technology and ecosystem solutions. We have already deployed 100 HiLoads on the road within 10 days of the product launch, which is a strong testament of how we are inspiring customer confidence in our product."

HiLoad EV is equipped with a 12.4 kWh battery-pack and offers a claimed range of 151 KM in a single charge. The battery pack can be charged up to 50 per cent in 15 minutes using a fast DC charger, a complete charge using an AC charger will take around 3.5 to 4 hours. The company is also expanding its production capacity in Delhi-NCR to meet the growing customer requirements of scale. Euler Motors already manages a network of over 200 charging stations in Delhi NCR.