Three Wheels United
"Light vehicles"—motorbikes and rickshaws—powered by fossil fuels are a huge source of air pollution in urban India.
The Idea
Affordable Finance to Electrify Autorickshaws
Total Investment
100000
Grants
0
Equity/SAFE
300000
Debt/Convertible Debt
Funded Since
2020
Geography
Sector
Structure
The Mission
Clean urban air.
How It Works
At present, Three Wheels United is focused on autorickshaws - the way most low-income urbanites get around. Their technology helps drivers manage payments, find charging stations, and optimize battery use. The data generated allows them to access financing to purchase an EV outright, improving profits and reducing pollution.
The Dream
A full transition to light electric vehicles across India.
Why We're In
India has some of the worst urban air polution in the world. Fossil-fueled motorbikes and rickshaws are particularly dirty, and a transition to EVs is a critical element of the path to clean air. EVs are getting cheaper, but the Three Wheels United finance-and-tech approach is an elegant way accelerate uptake.
Are you a serious funder and want to learn more?
This is just a snapshot of what we know about the organization. If you're an investor or funder that might send some serious dough their way, we're always delighted to share more. Reach out and we'll connect you with the right person on our team.
*this is not monitored for funding requests.