{"id":25878,"date":"2022-02-24T16:21:15","date_gmt":"2022-02-24T10:51:15","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-euler-motors-capex\/"},"modified":"2022-02-24T16:21:15","modified_gmt":"2022-02-24T10:51:15","slug":"biz-euler-motors-capex","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-euler-motors-capex\/","title":{"rendered":"Euler Motors lines up Rs 200-cr capex to enhance production"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1086533388\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Feb 24 (PTI) Electric three-wheeler start-up Euler Motors on Thursday said it plans to invest Rs 200 crore in the next 12 months to ramp up its production capacity.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-745356012\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The Delhi-based company plans to increase its production capacity to 3,000 vehicles units per month by mid-2022.<\/p>\n<p> The company currently operates out of its integrated R&#038;D (research and development) and corporate office in Delhi that has a production capability of 4,000 vehicles per annum.<\/p>\n<p> It now plans to reach 35,000 units per annum by the end of FY23.<\/p><div class=\"trade-content_5\" id=\"trade-3110679595\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The enhanced production capacity will not only help to speed up delivery against this current order book \u2014 but also to meet the projected demand from Delhi NCR, Bengaluru, Hyderabad, Chandigarh and Pune.<\/p>\n<p> &#8220;Our investments in capacity expansion are an effort towards fulfilling the growing demand and expanding our market footprint across the country,&#8221; Euler Motors founder and CEO Saurav Kumar said in a statement.<\/p>\n<p> The company will invest Rs 200 crore in the next 12 months to develop advanced shop floors in order to drive up production capacity in its two existing facilities across Delhi-NCR. It will also set up an automated battery line for its patented liquid-cooled battery pack technology.<\/p>\n<p> Currently, Euler Motors sells HiLoad electric three-wheeler. PTI MSS  HRS hrs<\/p>\n<div class=\"trade-after-content\" id=\"trade-427819008\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Feb 24 (PTI) Electric three-wheeler start-up Euler Motors on Thursday said it plans to invest Rs 200 crore in the next 12 months to ramp up its production capacity. The Delhi-based company plans to increase its production capacity to 3,000 vehicles units per month by mid-2022. The company currently operates out of its [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-25878","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Euler Motors lines up Rs 200-cr capex to enhance production - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-euler-motors-capex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euler Motors lines up Rs 200-cr capex to enhance production\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Feb 24 (PTI) Electric three-wheeler start-up Euler Motors on Thursday said it plans to invest Rs 200 crore in the next 12 months to ramp up its production capacity. 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