Euler Motors launches HiLoad EV for 3W cargo at Rs. 3,49,999. Claims several industry-first features

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Euler Motors has launched its first cargo three-wheeler, HiLoad EV. The EV claims to have the highest battery capacity, highest certified range and first liquid-cooled battery in the L5N vehicle category in India. HiLoad EV comes with the following specifications:

The current model launched is available at a price of Rs. 3,49,999/ and pre-bookings are open across India. According to a company statement, several mainstream e-commerce players have already executed pilots with Euler Motors for their last-mile delivery requirements, deploying 250+ vehicles to date. BigBasket, Flipkart, Udaan and several others have already placed an order for 2,500 EVs for intra-city deliveries. These companies will deploy the vehicles across Delhi NCR, Bengaluru, Hyderabad and Chennai for their first, mid & last-mile operations. Deliveries of these vehicles are scheduled to take place in the next 6-8 months. Euler Motors aims to put 5,000 units on road by FY23 and plans to expand to new markets such as Mumbai, Bangalore, Chennai, Hyderabad and Pune.

Charging options

The vehicle has been launched with three charging variants – home or onboard chargers provided with the vehicles; lightning (DC fast) chargers that can give 50 Km charge in 15 minutes and Charge on Wheels – a mobile service station that can provide charging service to the vehicle at any location or breakdown point.

More about HiLoad EV features

Euler Motors also shared that the battery pack comes with an inbuilt thermal management system and liquid cooling technology that allows vehicles to run efficiently on any gradient and withstand ambient temperatures thus offering a long-lasting battery life. The IP67 certified battery of the vehicle ensures high-end performance and efficient operations in waterlogging scenarios as well. The vehicle is equipped with advanced telematics and software assistance for fleet tracking, battery monitoring and real-time charging.

HiLoad EV comes with 200 mm front disc brakes for better stopping distance and manoeuvrability. With a torque range at 88.55 Nm and 10.96 kW peak power, it provides 190mm ground clearance, better gradeability (21% or 9.45 degrees), more speed and higher acceleration for improved on-road operations. 

Notably, Euler Motors already manages a network of 200+ charging infrastructure in Delhi NCR. Founded in 2018, this Saurav Kumar led start-up has so far raised USD 11.3 Million from ADB Ventures, Blume Ventures, Inventus Capital India, Jetty Ventures, including repeat investments from several investors.