Euler Motors to deliver 2,000 HiLoad EVs to Magenta Mobility in 18 months

Euler Motors, an electric vehicle company, and Magenta Mobility, an integrated electric mobility solutions provider, have announced the upscaling of their partnership with a new order of 2,000 HiLoad EVs. Euler Motors has already delivered 500 HiLoad EVs to Magenta.

The EVs for the new order will be manufactured at Euler Motors’ manufacturing hub at Palwal, Haryana, and are expected to be delivered within the next 18 months, the companies said in a media release.

With the Euler HiLoad EVs industry-leading 13 (12.96) kWh battery pack, an ARAI certified range of 170 km (Real RangeTM 100-120 km), and a 30% higher payload capacity of 688 kg, Euler Motors and Magenta Mobility aim to support many more clients across India, with their logistical needs. The ‘Made in India’ vehicles will power clients with different types of use cases across varying terrain and weather conditions, enabling them with 30% higher earnings than any other 3W cargo in India, the release said.

Saurav Kumar, Founder & CEO of Euler Motors, said, ” Magenta Mobility’s trust in our electric vehicles reaffirms the prowess of our technology. Together, we have been able to build on and improve our product. This continued collaboration will not only drive the widespread adoption of electric vehicles in India but will also inspire a nationwide shift towards sustainable and eco-friendly transportation.”

Maxson Lewis, Managing Director and CEO of Magenta Mobility, said, “Our unwavering commitment lies in advancing sustainable transportation solutions—a vision we share with Euler Motors. Witnessing the exceptional quality of their vehicles and their impeccable management of timelines, we have great confidence in Euler Motors’ capabilities. The decision to scale up significantly with an additional 2,000 electric vehicles is a testimony to our continued partnership. We anticipate that our alliance will not only positively influence the electric mobility landscape but also set new benchmarks for innovation across the industry.”