Euler Motors announced the launch of Euler Turbo EV 1000, a 1 Tonne 4W eCV that comes at an ex-showroom starting price of INR 5.99 Lakhs and delivers an annual savings of INR 1.15 Lakhs when compared to diesel counterparts.
With this, Euler Turbo EV 1000 becomes the world’s first EV mini truck to offer both unmatched performance and high affordability.
It is the first eCV in the 1 T segment to offer a real range of 140-170 kms, while also boasting 140 NM torque and 230 MM Disc Brake on R13 Wheel Platform – both the highest in the segment, enabling customers to comfortably navigate challenging city roads without compromising on safety, speed or payload. Further, it comes equipped with CCS 2 fast charging capabilities delivering an industry-first real range of 50 kms in just 15 mins of charge at public charging infrastructure.
Turbo EV 1000 fills a critical gap in the market for businesses seeking a reliable and high-performance alternative to legacy diesel and other ICE vehicles, while also eliminating price barriers to adoption. This is especially true for small fleet owners and driver-entrepreneurs operating on razor-thin margins. Turbo changes this equation by offering a compelling upfront cost, low running expense, and significantly lower total cost of ownership (TCO), unlocking a much-awaited superior profitability.
“We are proud to be launching Euler Turbo EV 1000 today, as we believe it marks the meeting of deep engineering innovation with real-world practical needs of India’s logistics industry – to deliver a segment-first combination of performance AND affordability. As India’s state and national transport policies, GST reforms, and other developments reshape fleet economics in Indian cities, Euler Turbo EV 1000 arrives at a pivotal time to drive the transition to sustainable mobility in India. It is poised to be the inflexion point for EV penetration growth in the 4W CV segment overall, currently estimated at around 2%.”, said Saurav Kumar, Founder and CEO, Euler Motors.
Euler Turbo EV 1000 boasts nine segment-first innovations and is the third product from Euler Motors’ stable, and its second 4W CV, following on the heels of its maiden 4W Storm EV.
“There is an urgent need for action towards sustainability, or else we will risk questioning by future generations. However, it is not possible to expect scale adoption without responding to practical everyday challenges. Euler Turbo EV 1000 responds to this dual need of a long-term vision, while keeping short-term needs in mind. It is a global best in class across multiple parameters in the 1 tonne segment, which just happens to be an EV. Our aspiration was to build a vehicle that fundamentally changes how people think about commercial vehicles in this segment. With this, Euler Motors has firmly placed India on the global EV manufacturing map.”, he added.