Euler Motors has established a new dealership in Noida. This facility, operated in collaboration with Smart Solutions, will display Euler Motors' three-wheeler commercial vehicle, HiLoad EV.
The Noida location represents Euler Motors' 21st dealership in India, indicating an expansion of the company's retail network across the country.
The opening of this dealership coincides with increased electric vehicle adoption in Noida and the National Capital Region (NCR). In FY2024, EV sales in the state reached 3,05,355 units, representing 17.42% of India's total EV sales. This is a 62% increase from FY2023. E3W Passenger vehicles made up about 75% of the state's EV market in FY2024, the press release noted.
Euler Motors aims to increase its market presence in the electric vehicle sector, particularly for commercial use.