Euler Motors Expands Palwal Facility with ₹100 Crore Investment

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Euler Motors has expanded its manufacturing facility in Palwal, Haryana, with an investment of ₹100 crore, strengthening its electric commercial vehicle manufacturing capabilities.

The expanded facility, spread across 40 acres, will manufacture the company’s Turbo EV 1000 and Storm EV, with an annual production capacity of up to 24,000 vehicles.

Key Features:
– ₹100 crore investment
– 40-acre manufacturing footprint
– Annual capacity of 24,000 electric vehicles
– Dedicated production for Turbo EV 1000 and Storm EV
– Automated 4W assembly conveyor line
– Dedicated assembly lines and body shop
– Integrated battery pack assembly line
– Deeply localised supply chain

The facility was inaugurated by Dr. Pawan Munjal, Executive Chairman, Hero MotoCorp. At full ramp-up, the plant will operate two shifts along with a third hybrid shift.

The expansion is aimed at supporting the growing demand for electric commercial vehicles and accelerating the transition towards cleaner mobility in India.