Euler Motors has signed a significant Memorandum of Understanding (MoU) with Tata Power Renewables to accelerate the expansion of fast-charging infrastructure for commercial electric vehicles (EVs). This partnership aims to significantly ease charging accessibility for Euler Motors' customers by providing strategically located fast chargers along high-demand routes, enabling smoother day-to-day operations.
Under this agreement, Tata Power Renewables will install, operate, and maintain fast chargers dedicated to Euler Motors' entire product range. Euler’s customers will receive smart cards, ensuring seamless access to these charging facilities.
Euler Motors will support Tata Power Renewables by providing rent-free spaces for charger installations, demonstrating mutual commitment to strengthening India’s electric mobility ecosystem. Tata Power Renewables has also committed to modifying chargers if required, accommodating the higher capacity charging needs of Euler's vehicles, notably the HiLoadEV.
Euler Motors’ HiLoadEV stands out as the only three-wheeler commercial electric vehicle capable of fast charging, allowing for a full recharge in just 30 minutes. This rapid charging significantly increases vehicle uptime, efficiency, and overall productivity for commercial users.
Saurav Kumar, Founder and CEO, Euler Motors, highlighted that fast charging is highly preferred by commercial vehicle customers, as it maximises operational hours, reduces total cost of ownership (TCO), and enhances return on investment (ROI). The collaboration with Tata Power as crucial in building customer confidence and supporting Euler’s expansion across India, ultimately driving the commercial segment’s transition to electric mobility.
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