FlixBus ties up with Vertelo to launch 500 electric intercity buses across India
FlixBus
, a global intercity mobility platform, has signed a Memorandum of Understanding (MoU) with
Vertelo
to deploy 500 electric intercity coach buses across India. The partnership is aimed at supporting the transition to sustainable intercity transport through
electric mobility solutions
.
FlixBus currently operates across more than 200 cities in India through a digital-first booking platform. The collaboration with Vertelo will focus on expanding electric mobility by combining FlixBus's network reach with Vertelo's expertise in
electric vehicle leasing
, financing, and infrastructure development.
Roles and responsibilities
Under the partnership, Vertelo will offer financing and leasing options for electric buses, develop
charging infrastructure
, and work with Original Equipment Manufacturers (OEMs) to identify suitable electric coach models. FlixBus will manage demand generation for electric bus routes and identify key intercity routes for deployment.
Surya Khurana, MD, FlixBus India, said, 'This partnership with Vertelo marks a major step towards greener and more sustainable
intercity travel in India
. By combining FlixBus's extensive network and customer reach with Vertelo's expertise in electric vehicle financing and operations, we are committed to making
eco-friendly mobility
accessible and efficient for millions of travellers.'
Sandeep Gambhir, CEO, Vertelo, added, 'This partnership will facilitate bespoke financing and leasing solutions and facilitate creation of a sustainable ecosystem that makes electric mobility the natural choice for
commercial bus fleet operators
. We are excited to partner with FlixBus and the fleet operators to enable them to have the right product market fit and bring capabilities that extends beyond the traditional leasing and financing solutions including charging infrastructure and energy management that will drive the future of sustainable transportation in India.'
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