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Euler Motors Launches HiLoad Priced At Rs. 3.50 Lacs

TNI || New Delhi || 28th Oct 2021

Euler Motors, the EV manufacturer, has launched its electric three-wheeler cargo carrier named HiLoad.

The vehicle will go on sale from January 15 next year. The price the vehicle is pegged at is Rs. 3.50 lacs.

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Euler claims to have tested the HiLoad model for more than 10 lac kilometers for the last three years.

The bookings for the electric three-wheeler have opened with a payment of Rs. 999 on the company’s website and also its experience centers in Delhi and Gurugram.

The order of almost 2500 units is already in, with giants like Flipkart, BigBasket, and Udaan making their share of bookings.

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The company has said in a statement that considering the demand, they are looking to increase the vehicle production from 100 units to 1000 units in a month for the next one year.

Euler Motors Founder and CEO, Saurav Kumar in a virtual press conference, said that the company’s primary goal is to bring parity to the electric commercial vehicle segment in terms of performance and cost of ownership.

Euler has already taken steps to address concerns over the adoption of e-vehicles, availability of reliable products as well as charging and service ecosystem.

The HiLoad has a certified range of 151 km on a single charge and comes with a payload capacity of 688 kgs, which as per Euler, is the highest in the three-wheeler cargo vertical, in both electric and conventional forms.

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The vehicle will be launched with three advanced charging variants such as home or on-board chargers, lightning chargers that are equipped to 50 km charge in 15 mins, and Charge On Wheels, a mobile service station to provide charging and service to the vehicle at any location or a breakdown point.