Overview

• Hero MotoCorp joined as a strategic investor in Euler Motors' ₹638 crore Series D round, alongside British International Investment.
• The funding will support the expansion of Euler Motors' national sales and service footprint across India.
• Capital will also accelerate the development of new commercial EV models, including the HiLoad EV three-wheeler and StormEV four-wheeler with advanced driver-assistance systems (ADAS).
• Euler Motors aims to strengthen its position in India's rapidly growing e-commerce, retail, and logistics sectors with its robust, India-specific EV offerings.
• Hero MotoCorp's participation aligns with its sustainable mobility strategy, while BII's continued support reflects a commitment to India's net-zero emissions goals.