Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility

Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility



Hero MotorCorp backed-electric commercial vehicle maker Euler Motors has invested about Rs 100 crore in a new four-wheeler manufacturing facility in Palwal, Haryana, as demand for electric cargo vehicles grows.The 40-acre facility will have the capacity to produce about 1,000 four-wheelers a month in a single shift and up to 2,000 with extended shifts, offering an annual capacity of about 24,000 vehicles. Euler will manufacture its Turbo EV 1000



Source link
https://www.infinitycompliance.in/product/online-company-registration-in-india/

Leave a Reply

Your email address will not be published. Required fields are marked *