Euler Motors bags an order of 1000 units for HiLoad
Modified On Jan 05, 2022 04:53 PM
The newly introduced full-electric, powerful cargo three-wheeler became an instant hit among potential customers with a total order book of over 3500 units within 10 days of launch.
Euler Motors, the maker of last-mile electric vehicles has secured 1000 units order for its new electric cargo three-wheeler-the HiLoad. The latest order from MoEVing, a Gurgaon-based holistic technology player focused on full-stack solutions for mass EV adoption- will see the HiLoad being deployed across India with deliveries starting as soon as this month.
The HiLoad launched recently is India’s most powerful full-electric cargo-three-wheeler which comes with a segment-best payload of 668 kg, comfortable driver cabin and a 6ft cargo body to carry all kinds of cargo. Since its launch, the HiLoad has garnered a lot of interest among corporate clients such as Flipkart, BigBasket and Udaan with a total order book of over 3500 units. Euler Motors plans to execute the orders in the next 12-18 months with an aim of over 5000 units on roads by end of next year cornering close to 40-50 percent market share in this fast-growing segment.
According to MoEVing, the HiLoad is a compelling solution with the technical prowess to the problem of EV adoption in India’s unique scenario. Working towards a future where there are no urban transport emissions, especially due to last-mile logistics.
Speaking on the new order, Saurav Kumar, Founder and CEO, Euler Motors, said, “Euler Motors and MoEVing share a synergy of vision in the EV space, and we are delighted to be partnering with them and further our mission to achieve zero emission logistics, with unparalleled product, technology and ecosystem solutions. We have already deployed 100 HiLoads on the road within 10 days of the product launch, which is a strong testament of how we are inspiring customer confidence in our product. We aim to demonstrate robust impact, ensure continued TCO and look forward to a solid partnership with MoEVing in the long run.”
High Power and Payload
HiLoad electric cargo three-wheeler takes on the key products in the segment like Mahindra Treo Zor, Piaggio Ape E-Xtra, Atul Elite Cargo among others. The HiLoad scores high over its rivals in key areas such as power and payload with a superior combination of highest battery power (12.4 kWh) and certified range (151 KM) in a single charge.
The HiLoad is designed uniquely for India, with six segment-first innovations in 3W cargo suited to deliver higher performance and longer life in unpredictable Indian road and weather conditions. The company is also expanding its production capacity in Delhi-NCR to meet the growing customer requirements of scale and location.
Euler Motors has established a network of 200+ charging stations in Delhi NCR to support electric vehicles on the ground, it has also introduced flexible charging systems. These range from mobile ‘Charge on Wheels’ service stations to advanced charging variants – such as home or onboard chargers and fast chargers which are available for a seamless customer experience with EVs.