Euler Motors
MoEVing Strengthens Electric Fleet with Euler Motor's EVonGO Acquisition
The deal is set to increase MoEVing's fleet by 30%, adding 300 L5 three-wheeled motor vehicles to its current lineup, bringing the total fleet count to 1,400 L5 vehicles.
Electric Vehicle Maker Euler Motors Secures USD 20 Mn to Transform Logistics Sector
The funding supports Euler Motors' mission to electrify India's commercial vehicle sector by scaling production, advancing next-gen EV R&D, and boosting growth of the Storm EV for logistics and e-commerce.
I Am Very Confident: Saurav Kumar On Competition, Brand Awareness, and Profitability
It has come up with innovations and advanced features in the LCV that are one of a kind in this segment. However, there is a long way to go in terms of competition with other established brands, Euler's brand awareness in the country, and profitability.
Top Funding Highlights: Startups of the Week [May 24–31]
The startups with the highest funding raised this week, from May 24 to May 31, are listed below. A quick rundown of them is as follows:
Euler Motors Closes Series A Round At $9.5 Mn
The company will utilize fresh funds for its upcoming launch of three-wheeler cargo vehicles this year, and support market expansion in India