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Euler Motors is gearing up to launch its first 4-wheeler small commercial vehicle (SCV) with a payload capacity of over 1000 kg during the upcoming festive season. Following the success of its 3-wheeler HiLoad EV, known for introducing first-in-class features, the company is now ready to make its mark in the SCV market.
The new 4-wheeler SCV aims to meet the growing demand for cost-effective, high-performance transportation solutions in industries like logistics, FMCG, and dairy. It is expected to offer a long driving range, impressive payload capacity, ergonomic design, and advanced fleet management capabilities—positioning it as a strong contender in the market.
The SCV market, currently dominated by internal combustion engine vehicles, is projected to reach Rs 34,900 crore by FY2027. However, the electric vehicle (EV) segment is anticipated to grow rapidly, driven by cost savings and alignment with India’s climate change initiatives.
Saurav Kumar, Founder & CEO of Euler Motors, emphasized the company’s commitment to developing vehicles that meet diverse industry needs while offering high performance and an extended range. This launch marks a significant step in Euler Motors’ mission to foster sustainable urban mobility and accelerate EV adoption through innovative, India-focused designs.
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