This will be Euler Motors’ second commercial vehicle after its flagship electric three-wheeler, the HiLoad EV.
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This will be Euler Motors’ second commercial vehicle after its flagship electric three-wheeler, the HiLoad EV.
Euler Motors announced that it will introduce its electric small commercial vehicle (SCV) four-wheeler in the upcoming festive season. Like the brand’s flagship commercial electric three-wheeler, the HiLoad EV, this upcoming electric four-wheeler will also cater to intra- and inter-city transportation. Additionally, the company claims that it is poised to offer several “industry-first” features.
Saurav Kumar, the Founder and CEO of Euler Motors, revealed how this new product has been developed to “seamlessly integrate into all industry verticals.” “Our study of retail and institutional customers in the SCV segment reveals that many are eager to switch to or purchase EVs that deliver high performance, extended range, and advanced features to elevate the driving experience and optimize fleet management. This new 4W vehicle is a milestone, as it will meet all these criteria, making it the perfect, trustworthy companion for both long and short cargo transportation journeys,” he added.
On that note, Euler Motors claims that its first electric commercial four-wheeler will offer a long driving range and a high payload capacity—however, the details of which are yet to be revealed. Moreover, the company stated that Euler Motors’ decision to enter this space was primarily guided by the fact that the SCV segment is estimated to achieve a market value of ₹34,900 crore in India by FY2027.
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