With these deployments, the company aims to capture around 25% market share by FY24.
20 Jun 2023 | 4199 Views | By Autocar Professional Bureau
Euler Motors, an electric vehicle company, elevated its retail presence with the inauguration of its four retail stores in the Delhi NCR region. Euler Motors, with this strategic expansion, aims to cater to the growing demand for commercial EVs in the business and retail spaces, with a specific focus to ...
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Euler Motors, an electric vehicle company, elevated its retail presence with the inauguration of its four retail stores in the Delhi NCR region. Euler Motors, with this strategic expansion, aims to cater to the growing demand for commercial EVs in the business and retail spaces, with a specific focus to connect to the retail customer. With this, the company has four showrooms covering Delhi NCR located at Azadpur, Okhla (New Delhi), Khoda (Noida), and Ghoda Chowk (Gurgaon).
The company also plans to open new stores across southern, and western regions of India. With these deployments, the company aims to capture around 25% market share by FY24. These will be incremental to tap the growing demand for EVs in the retail sector and cater to multiple business segments across FMCG, pharma, e-commerce, and furniture amongst others.
The new showrooms boast an inviting ambiance, and a comfortable space to explore and enhance the accessibility of Euler Motors' products. They will also offer comprehensive after-sales services, including vehicle servicing, charging support, and maintenance.
‘’We aspire to lead the retail sector in India, with our powerful commercial EV, HiLoad 2023 that has been built for all businesses and drives higher earnings for our customers. Our expanding retail presence, across India, is our testament to making our vehicles and products more accessible and elevating the customer experience. Our five showrooms cover every key location of Delhi-NCR where we also have our highest market share. We plan to replicate this in major delivery hubs of India and lead the commercial EV transition for the country," Saurav Kumar, Founder, and CEO, of Euler Motors said.
With the most powerful battery pack at 13 kWh and an exceptional range of 170 km for HiLoad 2023, Euler Motors also offers a cohesive infra ecosystem for seamless on-road operations. This includes 500+ charging options, along with fast charging options. This is also supported by a robust servicing set up and segment-focused financing options to offer a seamless EV customer experience.