Three Wheels United

Three Wheels United (TWU) is a tech-enhanced financier for light electric vehicles in emerging markets, starting with auto rickshaws in India. The company combines tailored EV financing solutions with proprietary loan management and asset management technology to offer competitive, low-interest loans covering up to 100% of the vehicle cost — removing the high down-payment barrier that prevents low-income drivers from switching to electric. TWU's platform uses data-driven underwriting to keep default rates and operational costs low while improving driver income through lower fuel costs. Loans are disbursed through its NBFC lending partner Shabri Investments, and borrowers manage their loan lifecycle through TWU's mobile app, which also connects drivers to charging points, service stations, and RTOs. The company has financed over 4,000 vehicles, served more than 20,000 customers, and generated over ₹71M in extra income for drivers. TWU targets the Global South, with India as its primary market.