commercial-ev
(2)
U POWER Tech
U POWER Tech is an electric-vehicle technology company building the UP Super Board, a mass-producible 'skateboard' chassis-by-wire that packages propulsion, steering, braking, suspension, thermal management and Level 2+ ADAS into a single plug-and-play platform. By decoupling the chassis from the vehicle body, U POWER lets automakers and fleet operators design custom EVs - vans, pickups, SUVs, specialty vehicles - on top of a validated base, cutting development time by at least six months. Founded in 2021 with offices in Silicon Valley (Sunnyvale) and Shanghai, the company sells to OEMs and commercial fleets and has expanded aggressively into North America with products like the UP VAN for last-mile delivery.
Euler Motors
Euler Motors is a New Delhi-based electric commercial vehicle maker building cargo three-wheelers and light four-wheeler trucks for India's last-mile logistics. Founded in 2018 by Saurav Kumar, the company designs its own powertrains and batteries in-house, manufactures at a Palwal, Haryana facility, and sells flagship products like the HiLoad EV three-wheeler and the Storm EV light truck to e-commerce, hyperlocal delivery, and logistics fleets. Backed by Hero MotoCorp, GIC, British International Investment and Lightrock, it has put more than 15,000 vehicles on Indian roads.