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Three Wheels United

Three Wheels United
COMPANY
Three Wheels United
COHORT
417_2020
EMISSIONS SECTOR(S)
Transportation
TECHNOLOGY
Electric Mobility
THEY'RE ACCELERATING THE RATE OF CLIMATE INNOVATION BY...
Offering tailored solutions to overcome traditional barriers to providing financing for low-income groups through an innovative business model that makes a positive impact on auto drivers as well as the environment.
PROBLEM FOCUS
India is heavily invested in an all-electric transportation future to cut air pollution and mitigate its damaging health impacts. Making this transition requires an electrification strategy that addresses the most common mode of personal transportation in the country: small three-wheeled vehicles.
TECHNOLOGY SOLUTION
Three Wheels United offers technology-enabled financing of light electric vehicles in emerging markets, starting with auto rickshaws in India, providing loans that cover the upfront cost of 3-wheeled EVs. Meanwhile they work closely with fit-for-purpose EV manufacturers, charging and swapping networks, and ride-hailing platforms to support the drivers to go electric seamlessly and profitably.
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MEET THE TEAM
Bangalore, India
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