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Tata Motors and Vertelo sign MoU to provide attractive leasing solutions for electric commercial vehicles –

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Tata Motors and Vertelo announced the signing of a Memorandum of Understanding (MoU) to make electric commercial vehicles more accessible to customers across the country. Through this partnership, Vertelo will provide customized leasing solutions to help fleet owners make a smooth transition to sustainable transportation. The solution will be available across Tata Motors’ entire electric commercial vehicle portfolio.

Tata Motors Executive Director Girish Wagh and Vertelo CEO Sandeep Gambhir along with representatives of both companies attended the MoU signing ceremony

Commenting on the news, Rajesh Kaul, Vice President, Commercial Vehicles and Head, Trucks, Tata Motors said, “Tata Motors is committed to democratizing electric mobility and ensuring that sustainable transportation solutions are accessible to all customers. This partnership with Vertelo marks an important milestone in this journey and enables wider access to our advanced electric commercial vehicles. Through such collaborations, we not only accelerate the adoption of sustainable transportation solutions but also contribute to the growth of a strong electric vehicle ecosystem in India.”

Commenting on the partnership, Sandeep Gambhir, CEO, Vertelo said, “We are delighted to join hands with Tata Motors to accelerate the adoption of electric commercial vehicles across a range of electric commercial vehicles, including buses, trucks and mini-trucks. This partnership will facilitate customized leasing solutions and facilitate the creation of a sustainable ecosystem, making electric vehicles a natural choice for commercial fleet operators. This partnership will enable Tata Motors and Vertelo to accelerate the adoption of electric commercial vehicles and create eco-friendly mobility solutions at scale.”

Tata Motors offers Tata Ace EV in the last mile mobility segment and Tata Ultra and Tata Starbus range in the mass mobility solutions segment. The company 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 a wide range of applications and customer needs across product lines. With a strong focus on innovation and sustainability, Tata Motors continues to expand its electric commercial vehicle portfolio to include trucks, buses and small commercial vehicles. Tata Motors is leading India’s sustainable transportation revolution, supported by evolving charging infrastructure, a robust service network and Fleet Edge, a connected platform for optimizing fleet uptime and costs.

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