Euler Motors

Euler Motors is an Indian electric vehicle startup founded in 2018 and based in Delhi. The company specializes in designing and manufacturing commercial electric vehicles, particularly light commercial and electric cargo vehicles aimed at the logistics and delivery sectors. Euler Motors is committed to providing sustainable alternatives to traditional fossil-fuel vehicles, enhancing urban logistics with zero-emission options. The company operates a large manufacturing facility in Palwal, Haryana, with an annual production capacity of 36,000 vehicles. Euler Motors also focuses on developing charging infrastructure, having deployed over 100 charging stations in the National Capital Region and partnering with Tata Power to create renewable-powered charging solutions. Its strategic partnerships, such as with Fyn Mobility, aim to improve the efficiency of delivery fleets. Euler Motors has raised over $170 million in funding and has seen significant revenue growth, making it one of the most well-funded private EV startups in India. The company has received several awards, including the Apollo Awards in 2022, highlighting its impact in the electric vehicle market.