Euler Motors, an electric vehicle company, and Magenta Mobility, an integrated electric mobility solutions provider, have expanded their collaboration with a new order for 2,000 HiLoad EVs.
Previously, Euler Motors had delivered 500 HiLoad EVs to Magenta. The upcoming EVs will be produced at Euler Motors’ manufacturing hub in Palwal, Haryana, and are anticipated to be delivered within the next 18 months.
Featuring a robust 13 kWh battery pack, a certified 170 km range, and a 30% higher payload capacity of 688 kg, the HiLoad EVs aim to meet diverse logistical needs across India.
These ‘Made in India’ vehicles are designed to enhance earnings by 30% compared to other 3W cargo options in the country, catering to various use cases, terrains, and weather conditions.
Saurav Kumar, Founder & CEO of Euler Motors, emphasized the partnership’s role in driving electric vehicle adoption and promoting sustainable transportation.
Maxson Lewis, Managing Director and CEO of Magenta Mobility expressed confidence in Euler Motors’ capabilities, stating that the increased order of 2,000 electric vehicles demonstrates their commitment to advancing sustainable transportation solutions and setting new industry benchmarks.
