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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.
Saurav Kumar
Saurav Kumar is the founder and CEO of Euler Motors, a New Delhi commercial-EV maker building electric three- and four-wheelers for India's last-mile logistics. A computer-vision engineer trained at Delhi College of Engineering and Cornell, he worked on driverless-car research at INRIA in France, co-founded Cube26 (acquired by Paytm), then started Euler in 2018 on a contrarian thesis: beat diesel on performance, not just price. His flagship HiLoad EV is pitched as India's most powerful electric three-wheeler, and the company has raised hundreds of millions across rounds led by investors including Hero MotoCorp and British International Investment.