Euler Motors Signs MoU with Pickkup.io for 200 Electric Vehicles

Electric commercial vehicle manufacturer Euler Motors signed a memorandum of understanding with Pickkup.io for 200 electric four-wheeler cargo vehicles on September 3, 2025, in New Delhi, expanding their ongoing partnership to support intracity logistics and last-mile delivery operations across Delhi NCR and Chandigarh Tricity.

The agreement represents the third phase of deliveries between the two companies. Euler Motors has already delivered 25 vehicles that are operational as part of Pickkup.io's fleet. The new commitment enables Pickkup.io to expand capacity for existing clients and support new partnerships.

The Storm T1500 vehicles are API-integrated, allowing Pickkup.io to maintain real-time operational visibility and achieve cost efficiencies at scale. The electric vehicles are designed for payload capacity, range, and reliability in commercial applications.

Euler Motors, founded in 2018 and based in Delhi, focuses on electric commercial vehicles for cargo delivery. The company has received recognition including the Apollo Awards in 2022 and Businessworld's Auto World 40 Under 40 Winners award.

"This marks the third delivery phase under our ongoing MoU with Euler. What sets them apart is their on-time services and openness to feedback. The service ecosystem they've built is solid, and we're already in discussions to scale up with additional units in the future. This journey and its achievements are the result of joint efforts by everyone who has contributed in their own way, our driver partners, ground team, admin team, and operations team, each working with their fullest dedication to make our services seamless and our customer experience exceptional, all under the banner of Pickkup," said Ankush Sharma, Co-founder & CEO, Pickkup.io.

"Our partnership with Pickkup.io reflects the growing trust in electric mobility as a sustainable and scalable solution for logistics. With this MoU for 200 Storm T1500 vehicles, we are strengthening our footprint in Delhi NCR as well as Chandigarh Tricity while supporting Pickkup.io's mission to deliver efficient, reliable, and environmentally responsible logistics services. At Euler, we are committed to building products and a service ecosystem that empower businesses to transition smoothly to electric fleets, reduce emissions, and achieve long-term operational savings," said Vani Rikhy Mehra, VP, Sales and mobility, Euler Motors.

The partnership aims to create a scalable model for cost-efficient, zero-emission logistics operations. With 25 vehicles already deployed and 200 additional units planned, the collaboration seeks to establish a framework for clean commercial mobility in urban logistics.