Posts tagged Euler Motors
Magenta Mobility, Euler Motor extend partnership

The Press Trust of India reports: MUMBAI – Electric mobility firm Magenta Mobility and commercial electric vehicles maker Euler Motor on Thursday said they were extending their four-year-old partnership, under which Magenta will procure an additional 2,000 cargo e-three-wheeler HiLoad of the latter. This comes on the back of deliveries of 500 such vehicles to Magenta, as per a statement. The Electric Vehicles (EVs) for the new order will be manufactured at Euler Motors' Palwal manufacturing hub and are expected to be delivered in the next 18 months, it said.

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To accelerate energy transition, commercial EVs need to deliver value: Euler Motors CEO

Aggam Walia reports for The Indian Express: In an interview with Aggam Walia, Kumar, who is also CEO at Euler, Mr. Humar spoke about the company's journey thus far, the scope for alternative fuels for cargo-carrying vehicles, technologies to improve electric vehicles (EV’s) battery longevity, and expectations from the government’s FAME subsidy.

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Euler Motors raises Rs 120 crore from BII, Blume Ventures and Green Frontier Capital and others in Series-C extension round

Euler Motors, an electric three-wheeler company has successfully raised Rs 120 crore in its ongoing series-C extension round. The round sees a commitment from British International Investment (BII), the UK Government’s development finance institution and impact investor.

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