Euler Motors Opens New Dealership in Noida

Key Highlights:

• Euler Motors opened a new dealership in Noida.
• This is their 21st dealership in India.
• EV sales in the state increased by 62% in FY2024.

Euler Motors has opened a new dealership in Noida. This facility is operated in collaboration with Smart Solutions and will showcase Euler Motors' three-wheeler commercial vehicle, the HiLoad EV.

Expanding Retail Network

The Noida dealership is Euler Motors' 21st in India, reflecting the company's ongoing expansion across the country.

Electric Vehicle Adoption in Noida

The opening of this dealership aligns with the growing adoption of electric vehicles (EVs) in Noida and the National Capital Region (NCR). In FY2024, EV sales in the state reached 3,05,355 units, accounting for 17.42% of India's total EV sales. 

This represents a 62% increase from FY2023. Electric 3W passenger vehicles made up about 75% of the state's EV market in FY2024, according to the press release.

About the Euler HiLoad EV

The Euler HiLoad EV three-wheeler is designed to maximize earnings with its industry-leading payload capacity and advanced battery technology. With the highest payload capacity of 688 kg, it can handle heavy loads, making it ideal for heavy-duty tasks. 

Its peak power of 10.96 kW ensures robust performance, while the liquid-cooled battery system enhances efficiency and longevity. Additionally, the fast charge feature allows the vehicle to cover 50 km in just 15 minutes, minimizing downtime and increasing productivity.

These features make the Euler HiLoad EV a smart investment for those looking to boost their operational efficiency and profitability. The Euler HiLoad Commercial EV offers a range of 170 km per charge and 88.5 Nm of torque, enabling longer trips and efficient performance. This means more productivity and earnings in a single journey.

Future Market Presence

Euler Motors aims to strengthen its market presence in the electric vehicle sector, focusing particularly on commercial use.

Also Read: Euler Motors Raises Rs 570 Crore in Series C Funding

CMV360 Says

Euler Motors' new dealership in Noida is a strategic move that aligns with the growing trend of electric vehicle adoption in the region.  The advanced features of the Euler HiLoad EV, such as its high payload capacity and fast charging capability, make it an attractive option for businesses looking to enhance their efficiency and profitability. 

As more people turn to electric vehicles, Euler Motors' expansion and focus on commercial vehicles should help it thrive in this growing market.