Euler Motors Inaugurates 4 new retail outlets across Bangalore, Hyderabad
Date: 19 Jul 2023
Motors, an electric vehicle company announced its strategic expansion in South
India with the launch of four new retail outlets across Karnataka and
Telangana. This strategic expansion intends to cater to the retail, logistics
and ecommerce demand for sustainable mobility solutions in the ever-expanding
markets of the Southern region. With this, the company now has four showrooms
covering Bangalore (Peenya and Mysore Road) and Hyderabad (Malakpet and Balanagar).
new retail outlets across Bengaluru and Hyderabad will offer comprehensive
after-sales services, including vehicle servicing and maintenance.
company’s flagship vehicle, HiLoad EV, is already a market winner in the south;
the vehicle’s segment utility stands unparalleled with its highest payload
capacity, and on road range in the cargo segment. The vehicle is getting
massive traction from the retail space with multiple business segments across
FMCG, pharma, paper and packaging, furniture, chemical and food delivery. Some
of the leading brands using HiLoad EV in Karnataka and Telangana include
Magenta, Citylink, Flipkart, Lithium Logistics amongst others.
are thrilled to announce our expansion into the southern region of India with
the launch of our new retail outlets in Karnataka and Telangana - which are
some of India’s biggest delivery hubs. EVs already constitute more than 30%
penetration in Karnataka while markets like Hyderabad are showing a steady EV
growth in the commercial space. We have deployed around 430+ vehicles in these
two states in the last one year and continue to increase our deployments across
segments”, said Saurav Kumar, Founder & CEO of Euler Motors.
new showrooms are open to the public, providing an opportunity for people to
test drive Euler Motors' HiLoad EV 2023 and explore its features first-hand.