Euler Motors, an electrical car firm, has partnered with LetsTransport, a Bengaluru primarily based city logistics aggregator to deploy 1,000 HiLoad EVs within the 3-wheeler industrial section. Both firms will collaborate to deploy these EVs in Bangalore, Hyderabad, Delhi-NCR and canopy different cities throughout India over the following 12 months.
Euler Motors will oversee deployment of those autos through its full stack ecosystem of charging infrastructure and repair assist, whereas LetsTransport will allow buyer mobilization and retail deliveries. With load capability at 688 kg, on highway vary of greater than 151 km and a 12.4 KwH liquid cooled battery, HiLoad, affords low total-cost-of-ownership, the corporate stated.
Saurav Kumar, Founder and CEO, Euler Motors, stated, “HiLoad’s value proposition, coupled with LetsTransport’s industry presence and logistics expertise make this partnership a win. Together, we intend to make our EVs more accessible in India, increase deployments and drive segment growth.”
“Intra City logistics is already on a transformation, with electric vehicles as their future. LetsTransport has been founded on a vision to build cleaner and sustainable logistics solutions with an emphasis to strengthen this ecosystem. Their product and supportive solutions make us confident about the business impact for our customers, as well as to the larger society. We will place 300 EVs in 2022, and plan to deploy 3000 EVs by the end of 2025”, stated Pushkar Singh, Founder & CEO, LetsTransport.
Euler Motors has already commenced deliveries for LetsTransport, the place the primary batch of autos is operational in NCR. Following a optimistic response for its lately launched HiLoad EV, Euler Motors has an order ebook surpassing 9,000 models, with retail and institutional deliveries occurring throughout India. The firm plans to deploy round 8,000 HiLoad EVs within the present monetary 12 months.
Source: www.financialexpress.com”
