The company has priced Turbo EV 1000 at Rs 5.99 lakh, targeting India's commercial vehicle market which has about 2 per cent electric penetration at present. "Our Euler Turbo EV 1000 arrives at a pivotal time to drive the transition to sustainable mobility in India,” Euler Motors founder-CEO Saurav Kumar said. Kumar said that the small commercial vehicles are expected to see a rapid adoption of electric variants with electric three-wheelers already witnessing robust sales in the country. He claimed that the new model is the first in the 1-tonne electric segment to offer a real range of 140-170 km on a single charge. Euler Turbo EV 1000 comes in three variants -- City, Fast Charge and Maxx, available at Rs 5.99 lakh, Rs 8.19 lakh and Rs 7.19 lakh, respectively.