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Business Standard
15-05-2025
- Automotive
- Business Standard
Tata Motors ties up with Vertelo to offer leasing for electric CVs
Tata Motors on Thursday said it has partnered with electric mobility solutions provider, Vertelo for customised leasing solutions for electric commercial vehicles and to help fleet owners transition to sustainable mobility. The two companies have signed a Memorandum of Understanding (MoU) to offer attractive leasing solutions applicable to the entire Tata Motors electric commercial vehicle portfolio, Tata Motors said in a statement. This partnership with Vertelo marks a significant milestone in the journey to democratise electric mobility, ensuring that accessibility to sustainable transportation solutions is extended to all customers, enabling broader access to the company's advanced electric commercial vehicles. Tata Motors Commercial Vehicles, Vice President & Business Head Trucks, Rajesh Kaul said. "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," he added. Vertelo CEO Sandeep Gambhir said the partnership will accelerate EV adoption across a wide range of electric commercial vehicles including buses, trucks and mini-trucks. "This partnership will facilitate bespoke leasing solutions of a sustainable ecosystem that makes electric mobility the natural choice for commercial fleet operators," he noted. Tata Motors offers Tata Ace EV in last-mile mobility and Tata Ultra and Tata Starbus range in mass-mobility solutions. It 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 wide applications and customer requirements across product lines. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Economic Times
15-05-2025
- Automotive
- Economic Times
Tata Motors partners with Vertelo for leasing solutions for electric CVs
Tata Motors on Thursday said it has partnered with electric mobility solutions provider, Vertelo for customised leasing solutions for electric commercial vehicles and to help fleet owners transition to sustainable mobility. The two companies have signed a Memorandum of Understanding (MoU) to offer attractive leasing solutions applicable to the entire Tata Motors electric commercial vehicle portfolio, Tata Motors said in a statement. This partnership with Vertelo marks a significant milestone in the journey to democratise electric mobility, ensuring that accessibility to sustainable transportation solutions is extended to all customers, enabling broader access to the company's advanced electric commercial vehicles. Tata Motors Commercial Vehicles, Vice President & Business Head - Trucks, Rajesh Kaul said. "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," he added. Vertelo CEO Sandeep Gambhir said the partnership will accelerate EV adoption across a wide range of electric commercial vehicles including buses, trucks and mini-trucks. "This partnership will facilitate bespoke leasing solutions of a sustainable ecosystem that makes electric mobility the natural choice for commercial fleet operators," he noted. Tata Motors offers Tata Ace EV in last-mile mobility and Tata Ultra and Tata Starbus range in mass-mobility solutions. It 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 wide applications and customer requirements across product lines.
Time of India
15-05-2025
- Automotive
- Time of India
Tata Motors partners with Vertelo for leasing solutions for electric CVs
Tata Motors on Thursday said it has partnered with electric mobility solutions provider, Vertelo for customised leasing solutions for electric commercial vehicles and to help fleet owners transition to sustainable mobility . The two companies have signed a Memorandum of Understanding (MoU) to offer attractive leasing solutions applicable to the entire Tata Motors electric commercial vehicle portfolio, Tata Motors said in a statement. This partnership with Vertelo marks a significant milestone in the journey to democratise electric mobility, ensuring that accessibility to sustainable transportation solutions is extended to all customers, enabling broader access to the company's advanced electric commercial vehicles. Tata Motors Commercial Vehicles , Vice President & Business Head - Trucks, Rajesh Kaul said. "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," he added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Here's A List Of Cheapest Steel Suppliers (See List) Steel Suppliers | search ads Search Now Undo Vertelo CEO Sandeep Gambhir said the partnership will accelerate EV adoption across a wide range of electric commercial vehicles including buses, trucks and mini-trucks. "This partnership will facilitate bespoke leasing solutions of a sustainable ecosystem that makes electric mobility the natural choice for commercial fleet operators," he noted. Live Events Tata Motors offers Tata Ace EV in last-mile mobility and Tata Ultra and Tata Starbus range in mass-mobility solutions. It 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 wide applications and customer requirements across product lines.
Time of India
28-04-2025
- Automotive
- Time of India
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.'
