Euler Motors designs and manufactures electric three- and four-wheel vehicles specifically for intra-city goods transportation, utilizing advanced battery technology and fast-charging capabilities to enhance operational efficiency. The company addresses the need for sustainable and cost-effective logistics solutions by providing high-load capacity vehicles that reduce reliance on fossil fuels and lower operational costs for businesses.
Funding
$95.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
RIFounders
Product
Problem
Intra-city goods transportation faces challenges related to environmental sustainability and operational costs due to reliance on fossil fuels. Existing logistics solutions often lack the load capacity and fast-charging capabilities required for efficient operations. Businesses need cost-effective and eco-friendly alternatives to reduce emissions and improve profitability.
Solution
Euler Motors designs and manufactures electric three- and four-wheel vehicles tailored for intra-city goods movement, providing a sustainable and economical logistics solution. Their vehicles offer high-load capacity, reducing the need for frequent trips, and feature fast-charging capabilities, minimizing downtime. The company's electric vehicles reduce reliance on fossil fuels, lowering operational costs for businesses while contributing to a cleaner environment. Euler Motors also offers a fleet management platform that provides real-time updates, vehicle health monitoring, and trip management.
Target Audience
The primary target audience includes businesses involved in intra-city goods transportation, logistics companies, and fleet operators seeking sustainable and cost-effective vehicle solutions.
Features
- HiLoad EV: 3-wheeler with 110+ km RealRange™ and 15-minute fast charging
- Storm EV T1250: 4-wheeler with 140+ km RealRange™ and 30-minute fast charging
- LongRange200: 4-wheeler with 200+ km RealRange™ and 15-minute fast charging
- ArcReactor™ liquid cooling technology for battery stability in all seasons
- High load capacity for increased earn-ability
- Euler Shepherd fleet management platform for real-time updates and vehicle health monitoring