Commercial Vehicle

Three Wheels United partners Euler Motors

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Three Wheels United (TWU) has partnered with Euler Motors to accelerate the adoption of electric three-wheelers in India and promote sustainabl­e mobility. On the back of this collaborat­ion, both the companies plan to deploy over 1000 EV three-wheelers across Delhi NCR, Bengaluru, Chennai, and Hyderabad by the end of the financial year 2023. Both the companies will work together for accelerati­ng the adoption of ‘Euler HiLoad EV’, the electric cargo three-wheeler. Three Wheels United will help resolve the financial barrier which most of the drivers face while making a switch to electric threewheel­ers by offering loans covering upto 100 per cent of the asset cost. Euler Motors, on the other hand, will be helping the drivers with access to charging infrastruc­ture, maintenanc­e, and service of the vehicles, ensuring minimal downtime for operations. Through this partnershi­p, TWU and Euler Motors aim to create ‘first generation EV driver entreprene­urs’ by helping them transition from renting to owning their own vehicles.

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