Euler Motors is a Delhi-based that focuses explicitly on manufacturing Electric three-wheeler Commercial Vehicles used to transport goods into different cities. The company was very young being founded in 2018 by an entrepreneur Saurav Kumar. Euler Motors is the winner of the Appolo awards 2022 and also the winner of Businessworld’s Auto World 40 Under 40 Winners felicitated by Nitin Gadkari, Union Minister of Road Transport & Highways. This tech start-up is inspired by the accomplishments of several EV companies globally, especially Tesla.
The vision of the company
Euler Motor’s vision is no different than any upcoming EV manufacturing company, it aspires to bring sustainability to transport. Euler wants to lead the electric vehicle transformation in India and take the top spot in electric commercial vehicle manufacturing. The primary goal of Euler Motors is to address last-mile logistics for e-commerce and third-party logistics players. Euler is providing the full “mobility as a service” stack rather than simply one stage of a long value chain in order to accelerate broad market adoption.
The Founder; Saurav Kumar
This young man from Purnia earned a scholarship to study abroad and acquired a high-paying job but returned to the country to contribute to his nation. He began his entrepreneurial career at Cube26. A sustainable e-mobility company model with a multifaceted strategy is the millennial’s dream. With the help of $2.2 million in funding, he is currently developing the EV firm Euler Motors.