Mahindra Electric signs MoU with Three Wheels United

The MoU was signed during the Auto Day 2018 celebrations on Nov 17, 2018.

The event is an annual property organised by the TWU and brings together almost 5,000 auto drivers.

This year, the representation included Bangalore, Chitradurga and Pondicherry, the company said in a statement

Under this MoU, Mahindra Electric and TWU will work together to accelerate the adoption of electric three wheelers in India.

This will include the identification and financing facility for auto drivers, so that 2,000 Mahindra Treos are rolled out across the country, by next year, as a result of this association.

The MoU also highlights the use of Mahindra’s NEMO (Next Generation Mobility Solution) as the preferred mobility solution platform to be used by the TWU.

On the occasion, Mahesh Babu, CEO Mahindra Electric said, “As the pioneers of electric mobility, we are happy to join hands with Three Wheels United to help accelerate the adoption of the Mahindra Treo. Built on India’s first Lithium-ion battery, three-wheeler platform, we are confident that the Treo will transform the way urban India travels. Associations with partners like these will make it easier for drivers to adopt electric mobility, and for our cities to be more environment friendly.”

Cedrick Tandong, CEO, Three Wheels United added, “Three Wheels United is excited to begin this journey with Mahindra Electric into the future of mobility. We have always put the drivers first and we look forward to continuing this while shifting drivers to the less polluting, money saving, more comfortable TREO auto rickshaws. We will provide these drivers affordable loans and will use technology to optimize earnings for drivers, while promoting sustainable transport. We intend to do this not only in Bangalore but across India, deploying 12,000 electric vehicles over the next three years.”