Three Wheels United partners Euler Motors
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.