Three Wheels United With Euler Motors To Deploy 1000 Electric Three-Wheelers In India

Three Wheels United (TWU) has collaborated with Euler Motors to boost the electric three-wheelers adoption in India. Together, both the companies will deploy 1000 electric three-wheelers in Bengaluru, Chennai, Delhi-NCR, and Hyderabad by the end of 2023.

TWU will provide financing solutions and Euler Motors will set up charging infrastructure, service, and maintenance of the vehicles. Both the companies will also create first-generation EV driver entrepreneurs and will help drivers to own the vehicle rather than renting it.

Commenting on the partnership, Saurav Kumar, Founder & CEO, Euler Motors, said, “Access to easy financing is a critical market enabler for India to make a large-scale EV transition. Euler Motors and Three Wheels United, both, are committed towards solving these EV ecosystem issues from the ground up. We are excited to partner with Three Wheels United and execute our common vision of zero-emission logistics and sustainable business operations. This partnership will help us drive a faster deployment of our customer order book of 3500 HiLoads with the required financing solutions.” 

Cedrick Tandong, CEO & Co-Founder, Three Wheels United, added, “Euler Motors and Three Wheels United have a shared vision of reducing the climate impact of the transportation sector by eradicating barriers to mass adoption of EVs in India. I am excited to partner with a brand that is known for creating innovative and superior alternatives to traditional last-mile logistics. Through our support, drivers can now easily shift to electric three-wheelers and positively impact the environment.” 

Three Wheels United (TWU) is a Bengaluru-based tech-enabled financier of light electric vehicles while Euler Motors creates superior alternatives to traditional mobility and eradicate barriers for mass adoption of EVs in India.

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