Euler Motors Inaugurates 4 new retail outlets across Bangalore, Hyderabad

Date: 19 Jul 2023

Euler 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).

The new retail outlets across Bengaluru and Hyderabad will offer comprehensive after-sales services, including vehicle servicing and maintenance.

The 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.

“We 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.

The 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.

 

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