Euler Motors opens a new dealership in Noida

Noida- Euler Motors Private Limited., a commercial vehicle manufacturer, has opened its first dealership in Sector 63, Gautam Buddha Nagar, Noida, in partnership with Smart Solutions. This milestone marks the company’s 21st dealership nationwide, reflecting its ongoing efforts to expand its retail footprint and meet the growing demand for commercial EVs.

The new showroom will showcase Euler Motors’ three-wheeler commercial vehicle, the HiLoad EV. Designed to deliver 30% higher earnings and boost profitability, the HiLoad EV features a payload capacity of 688 kg, a real range of 110-120 km, and an inbuilt fast charging feature. This innovative vehicle is set to revolutionize the commercial EV market by providing an attractive and efficient solution for various commercial applications.

Mr. Saurav Kumar, Founder & CEO, Euler Motors, said, the dynamic commercial landscape of Noida, with several last-mile delivery logistics companies that cater to the growing demand for powerful electric three-wheelers, makes it the perfect market to showcase the efficiency and reliability of our vehicles. Our goal is to provide access to cutting-edge technology, while enhancing profitability for customers. With India’s increasing transition to electric mobility, particularly in the commercial sector, we believe the NCR is set to lead the charge towards a more sustainable future.

Aligned with its mission to capture 15% of the commercial EV market by the end of FY2025, Euler Motors is expanding its presence across India. The new Noida dealership, equipped with state-of-the-art facilities and staffed by trained professionals, enhances customer access to the HiLoad EV and strengthens Euler Motors' position in the NCR region. Visitors can expect a comprehensive buying experience, from exploring the HiLoad EV's features to receiving expert advice on financing and after-sales support.

The inauguration comes at a crucial time as Noida and the NCR have been pivotal in driving EV adoption in India. In FY2024, the region saw total EV sales of 3,05,355 units, accounting for 17.42% of the country's overall EV sales, with a 62% year-on-year growth. E3W Passenger vehicles led the market with a ~75% share. Euler Motors’ entry into the Noida market is set to accelerate this trend, offering comprehensive support and a reliable charging infrastructure for its EV fleet.

You must be logged in to respond.