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Euler Motors Deal With Magenta Mobility: The EVs will be manufactured at Euler Motors’ manufacturing hub at Palwal, Haryana, the company said.
The firm had last raised funding in October 2022, when it received an investment of $60 million at a $200-250 million valuation, per news reports and Tracxn.
Through this association, Euler Motors will facilitate financing and deployment of over 2000 of its class leading HiLoad EV, over the next two years, the company said.
Euler Motors And Fyn Partnership: Through this alliance, Euler Motors will empower Fyn to establish a large fast charging electric 3W fleet, dedicated to serving the burgeoning B2B sector with its flagship product - the Euler HiLoad EV, the company said.
Interview with Vani Rikhy Mehra, Euler Motors Vice President, Sales and Mobility.