Euler Motors is set to deploy 1000 HiLoad EVs in partnership with LetsTransport. These EVs will find their place in Bangalore, Hyderabad, and Delhi-NCR and cover other cities across India over the next 12 months. With the growing demand for electric mobility, these EVs will strengthen their services with last-mile delivery.
As a part of this partnership, Euler will create its foothold in the EV market and expand its customer base. These electric three-wheelers are particularly in demand with trailers, 3PL logistics and fleet owners. The deployment of these vehicles will include complete support. This includes a full-stack ecosystem of charging infrastructure and service support. Meanwhile, LetsTransport will enable customer mobilisation and retail deliveries. The first batch of the vehicles will operate in NCR. The company has plans to deploy around 8,000 HiLoad EVs in the current financial year.
The company claims the highest load capacity at 688 kg for this three-wheeler. Moreover, with a range of 151 km per charge, the driver will find it convenient without having to charge often. Equipped 12.4 KwH liquid-cooled battery ensures a low total cost of ownership and best-in-class services. HiLoad electric three-wheeler has been quite popular amongst the customers. The EV has received bookings of over 9,000 units, which is a testimony of its popularity.
With the world moving towards digitalisation, customers are demanding everything at their doorstep. This, in turn, increases the demand for last-mile delivery services. Post-Covid, this was further attenuated as most of the work was done from home. Electric three-wheelers are becoming increasingly popular to accomplish last-mile deliveries. With support from various local and central governments, owning and running an EV is much more economical. This leads to more savings and profit, thus compelling a huge poll of riders to join the EV movement.
Also Read: Euler Motors with Magenta to deploy 1,000 HiLoad EVs in India.