Tata Motors and Vertelo Sign MoU to Boost EV Fleet Leasing

Mumbai-  Tata Motors Limited, India’s commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Vertelo, a bespoke electric mobility solutions provider, to make electric commercial vehicles more accessible across the country. As part of this partnership, Vertelo will offer customized leasing solutions to support fleet owners in transitioning to sustainable mobility. These solutions will cover Tata Motors’ entire electric commercial vehicle lineup.

Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, 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.”

Mr. Sandeep Gambhir, CEO, Vertelo,  said, “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 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 adoption of electric commercial vehicles and create eco-friendly mobility solutions at scale.”

Tata Motors offers a wide range of electric commercial vehicles, including the Tata Ace EV for last-mile mobility and the Tata Ultra and Starbus series for mass transit. With models like Tata Prima E.55S and Tata Magna EV bus, the company addresses diverse customer needs. Supported by growing charging infrastructure, a strong service network, and its Fleet Edge platform, Tata Motors leads India’s push toward sustainable transportation.

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