Micromobility Industries first defined and now curates the future of urban transport that comes from small electric vehicles. Ride AI is now the focusing force of our industry as we explore how artificial intelligence will change the way we move. Ride AI is hosted by Ed Niedermeyer an American author and analyst who focuses on the automotive industry and mobility innovation. Co-Hosts of the show include Horace Dediu, Oliver Bruce and James Gross.
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90: Micromobility's Sweetspot - talking Electric Rickshaws in India with ThreeWheelsUnited CEO, Cedrick Tandong
In one of his favourite interviews to date, Oliver interviews Cedrick Tandong, CEO of ThreeWheelsUnited, a electric rickshaw or tuktuk financing and operations company based in Bangalore, India. With over 3000 tuktuks on the road, partnerships with the largest local manufacturers, Uber partnership and more, Cedrick and the team have found the sweet spot for Micromobility in what is a fascinating local niche. Specifically they dig into: * What is ThreeWheelsUnited and the multiple sides of the business - vehicle supply, financing, tech platform for payments and operations. * Cedricks background and how he ended up going from Cameroon to France to India. * How the unit economics are playing out with new electric tuktuks vs. existing models. * How to build out a low-cost recharging infrastructure for these vehicles. * The challenges and joys of working in India as a foreigner * The story of fundraising for a vehicle financing and tech startup - how that's gone, what they’re looking for and how they managed to get Techstars and Asian Development Bank money. * The climate impact that they’re having.