Tata partners with Vertelo to offer leasing solutions for electric commercial vehicles
Tata Motors has signed a Memorandum of Understanding (MoU) with Vertelo, an electric mobility solutions provider, to offer customised leasing options for electric commercial vehicles (e-CVs) across India.This collaboration aims to make Tata Motors' entire electric commercial vehicle portfolio more accessible to fleet owners, facilitating a smoother transition to sustainable transport.Rajesh Kaul, Vice President and Business Head – Trucks, Tata Motors Commercial Vehicles, highlighted the company's commitment to expanding electric mobility. He 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.'advertisementSandeep Gambhir, CEO of Vertelo, expressed enthusiasm about the alliance, stating, '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 the 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 the adoption of electric commercial vehicles and create eco-friendly mobility solutions at scale.'Tata Motors' commercial electric vehicle lineup includes the Tata Ace EV for last-mile delivery, Tata Ultra and Tata Starbus for mass mobility, and models such as the Tata Prima E.55S and Tata Ultra E.12 trucks, along with several electric buses.Subscribe to Auto Today Magazine
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