Euler Motors, an electric vehicle manufacturer, has expanded its retail presence. It inaugurated four retail stores in the Delhi NCR region. This strategic expansion aims to meet the increasing demand for commercial electric vehicles (EVs. This is for the business and retail sectors, particularly targeting retail customers. The company now has four showrooms. These are in Azadpur, Okhla (New Delhi), Khoda (Noida), and Ghoda Chowk (Gurgaon), covering the Delhi NCR area.
Euler Motors Plans For New Stores
Additionally, Euler Motors also has plans to open new stores in the southern and western regions of India. These expansions aim to capture approximately 25 per cent of the market share by FY24. The company aims to tap into the growing demand for EVs. Particularly in the retail sector and thus catering to various business segments, including FMCG, pharma, e-commerce, and furniture, among others.
The newly opened showrooms offer a welcoming atmosphere and a comfortable space for customers to explore Euler Motors’ products. They also will provide comprehensive after-sales services, such as vehicle servicing, charging support, and maintenance.
Euler Motors And The Road Ahead
Euler Motors talked about its aspirations. The aim is to gain the retail sector leadership in India. Euler also mentioned the HiLoad 2023. It is a powerful commercial EV designed to boost customer earnings across different businesses. Euler Motors’ retail presence expansion throughout India aims to enhance accessibility and improve the overall customer experience. The company’s five showrooms cover critical locations in Delhi-NCR. Currently, they hold the highest market share. The goal is to replicate this success in major delivery hubs across the country and lead the transition to commercial EVs in India.
Euler Motors’ HiLoad 2023 offers the most powerful battery pack at 13 kWh and an impressive range of 170 km. To support on-road operations, the company has established a cohesive infrastructure ecosystem, including over 500 charging options, including fast charging. A robust servicing setup and segment-specific financing options are also available to provide a seamless EV customer experience.
Also Read: Euler Motors launches HiLoad EV 2023 in 3 variants PV, DV & HD
