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Euler Motors and Fyn Team Up to Develop India’s Logistics with Fast-Charging Evs

Fyn has announced a strategic partnership with Euler Motors to procure 2000 fast-charging 3-wheeler EVs. Through this transformative alliance, Euler Motors will empower Fyn to establish the country’s largest 3-wheeler fast-charging EV fleet, dedicated to serving the burgeoning B2B sector with its flagship product – the Euler HiLoad EV. Fyn has secured financing for this deal from Petronas-backed Gentari, a global leader in providing green mobility solutions. Gentari aims to establish Vehicle as a service fleet in India, Malaysia, and APAC to drive sustainable mobility switch and adoption. The company aims to have a 10% market share of charging points and EVaaS across key markets in APAC including India.

Visakh Sasikumar, Founder and CEO, of Fyn, said, “Our goal is to empower our customers to extract the maximum potential from their deployed EVs. To achieve this goal, we have leveraged our deep understanding of the EV landscape in India as we have been ahead of the curve on many levels. Fast charging is truly a game changer. To have a vehicle ready for quick redeployment through fast charging has helped logistics companies achieve their business goals in a more capital-efficient manner. Our partnership with Euler is a significant step towards building a mass electric ecosystem, transforming intra-city transportation, and creating much-needed value for India.”

The 3W LCV Euler Hiload EV from Euler Motors will fuel Fyn’s expansion plans into new geographical markets within India, including Mumbai, Delhi, and Coimbatore. With features like a 12.96 kWh battery pack with patented liquid cooling technology, the highest load capacity of 688 kgs in the sub-one tonne vehicle category, and torque of 88.55 Nm for best-in-class pulling power the HiLoad EV, boasts of better performance, extended battery life, reduced total cost of ownership and less downtime which improves profitability for users.

Kumar, Founder and CEO, of Euler Motors said, Our association with Fyn gives us an opportunity to not just expand our market reach across India, but also allows us to address critical aspects of EV ownership, fast charging infra, and operational excellence. We are looking to deploy 2000 Euler HiLoad EVs with Fyn over the next 18 months. This alliance is driven by our unwavering commitment to EV adoption in the Indian commercial segment. Together, Euler and Fyn aim to be the catalysts of technological progress, revolutionizing mobility, and co-creating a sustainable future where innovation meets sustainability.”

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Vidushi Saxena

Passionate journalist with a Bachelors in Journalism and Mass Communication, dedicated to crafting compelling news articles and avidly exploring the dynamic world of current affairs through insightful blog readings. Embracing the power of words to inform and inspire.

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