FlixBus, the global leader in intercity e-mobility services, has announced the signing of a memorandum of understanding (MoU) with Vertelo, a provider of bespoke e-mobility ecosystem solutions that offer innovative leasing and financing options designed to ease the transition to fleet electrification. This cooperation aims to jointly deploy 500 electric intercity long-distance buses in India to support the country’s vision of greener and more sustainable travel.
FlixBus currently connects over 200 cities in India, providing affordable and eco-friendly intercity travel through a digital-first booking platform. The company is known for its enhanced passenger comfort and industry-leading safety features that make sustainable travel more accessible across the country. The new partnership with Vertelo builds on a shared commitment to accelerate the adoption of electric vehicle solutions.
Vertelo will provide customized financing and leasing options for electric buses, develop robust charging infrastructure and work with original equipment manufacturers (OEMs) to ensure the deployment of the right electric bus models. FlixBus will use its platform to manage demand generation for intercity electric bus routes. Additionally, FlixBus will identify and define key intercity routes suitable for electric bus deployment.
Highlighting the importance of this partnership, Mr. Surya Khurana, Managing Director, FlixBus India, said, “This partnership with Vertelo marks a significant step towards greener and more sustainable intercity travel in India. By combining FlixBus’ extensive network and customer reach with Vertelo’s expertise in EV financing and operations, we are committed to providing convenient and efficient eco-friendly travel to millions of travelers.”
Commenting on the partnership, Mr. Sandeep Gambhir, CEO of Vertelo, added: “Our alliance with FlixBus reflects our shared vision of a cleaner planet through innovative electric mobility solutions. This partnership will facilitate customized financing and leasing solutions and facilitate the creation of a sustainable ecosystem, making electric mobility a natural choice for commercial bus fleet operators. We are delighted to partner with FlixBus Working with fleet operators to enable them to have product-market fit and bring capabilities beyond traditional leasing and financing solutions, including charging infrastructure and energy management will drive the future of sustainable mobility in India.”
The partnership also supports FlixBus’ pan-India expansion plans and aims to create a strong ecosystem that provides advanced technology and services to operating partners. The collaboration is expected to increase employment opportunities in the electric vehicle sector and strengthen the infrastructure required for large-scale electric bus operations. Through the association, FlixBus plans to further expand its network, connecting more cities and communities across the country, while contributing through an ecosystem of leasing and financing solutions and creating the necessary infrastructure to facilitate this, thereby solidifying Vertelo’s position as a trusted enabler of electric vehicle adoption.