Euler Motors opens fifth outlet in Delhi-NCR, eyes 25% market share by 2024

Euler Motors has inaugurated a new dealership in the Delhi-National Capital Region (NCR), bringing its total showrooms in the region to five.

Situated in Uttam Nagar, West Delhi, the outlet strategically positions Euler Motors to meet the burgeoning demand for electric commercial vehicles in the western Delhi region.

The company's objective is to secure approximately 25% of the commercial EV market share by the end of the fiscal year 2024. This expansion is intended to meet the increasing demand for electric vehicles within the retail sector, serving various business segments such as FMCG, pharma, e-commerce, furniture, and more.

“We are delighted to inaugurate our fifth outlet in the Delhi-NCR region, reaffirming our steadfast commitment to advancing sustainable mobility solutions," stated Saurav Kumar, Founder and CEO, Euler Motors. "This expansion amplifies our vision of 'Taking charge of the electric revolution' and will play a pivotal role in accelerating electric vehicle adoption in the region. We are confident that our EVs will empower retail customers and businesses to earn more while reducing their operational expenses and contribute to a cleaner and more sustainable future."

Additionally, Euler Motors' dealership will provide after sales services, including vehicle maintenance and charging infrastructure support, ensuring a seamless ownership experience for customers. Euler Motors also offers a cohesive infra ecosystem for seamless on-road operations which includes 500+ charging options, along with fast charging options. This is also supported by a robust servicing setup and segment-focused financing options to offer a seamless EV customer experience.