Tata Motors Signs MoU With Vertelo For Electric Commercial Vehicles’ Leasing Solutions
Tata Motors has entered a partnership with Vertelo to enhance the accessibility of electric commercial vehicles in India. By signing a Memorandum of Understanding, they aim to offer customized leasing solutions for fleet owners, promoting a shift towards sustainable transport. Tata Motors is dedicated to expanding electric mobility and has a diverse range of electric vehicles, including buses and trucks. Vertelo’s CEO expressed enthusiasm for this collaboration, highlighting its potential to foster a sustainable ecosystem and support the widespread adoption of electric vehicles.
Tata Motors Signs MoU With Vertelo For Electric Commercial Vehicles’ Leasing Solutions
Tata Motors announced the signing of a Memorandum of Understanding (MoU) between the two companies to make electric commercial vehicles more accessible for customers across the country. Through the partnership, Vertelo will provide customised leasing solutions, helping fleet owners transition to sustainable mobility.
Rajesh Kaul, Vice President and Business Head – Trucks, Tata Motors Commercial Vehicles, said, “Tata Motors is committed to democratising electric mobility, ensuring that accessibility to sustainable transportation solutions is extended to all customers. This partnership with Vertelo marks a significant milestone in that journey, enabling broader access to our advanced electric commercial vehicles. Through such collaborations, we are not just accelerating the adoption of sustainable transport solutions but also contributing to the development of a robust EV ecosystem in India.”
Tata Motors offers Tata Ace EV in last-mile mobility and Tata Ultra and Tata Starbus range in mass-mobility solutions. The company has also showcased Tata Prima E.55S, Tata Ultra E.12, Tata Magna EV bus, Tata Ultra EV 9 bus, Tata Intercity EV 2.0 bus, Tata Ace Pro EV and Tata Intra EV, catering to applications and customer requirements across product lines.
Sandeep Gambhir, CEO, Vertelo, stated,“We are delighted to join hands with Tata Motors in accelerating EV adoption across a wide range of electric commercial vehicles including Buses, Trucks and Mini-trucks. This partnership will facilitate bespoke leasing solutions and facilitate creation of a sustainable ecosystem that makes electric mobility the natural choice for commercial fleet operators. This collaboration will enable Tata Motors and Vertelo to accelerate adoption of electric commercial vehicles and create eco-friendly mobility solutions at scale.”
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