Tata Motors and Vertelo Join Forces to Boost EV Adoption with Tailored Leasing Solutions
Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Vertelo, a leading electric mobility solutions provider, to offer customised leasing solutions for electric commercial vehicles. This strategic partnership aims to accelerate the adoption of sustainable mobility across the country by making EVs more accessible to fleet operators.
Through this collaboration, Vertelo will provide bespoke leasing options across Tata Motors’ entire electric commercial vehicle range—including small commercial vehicles, trucks, and buses—enabling fleet owners to transition smoothly to electric mobility.
Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, said:
“This partnership with Vertelo is a key milestone in our mission to democratise electric mobility in India. By making EV adoption easier and more cost-effective, we’re building a strong, inclusive, and sustainable ecosystem for the future of transportation.”
Sandeep Gambhir, CEO, Vertelo, added:
“We’re excited to collaborate with Tata Motors to deliver flexible leasing solutions for a wide spectrum of electric commercial vehicles. Our shared vision is to make EVs the natural choice for fleet operators by offering comprehensive and scalable mobility solutions.”
Tata Motors’ EV lineup includes the Tata Ace EV for last-mile delivery and the Ultra and Starbus ranges for mass mobility. The company has also showcased advanced EVs such as the Prima E.55S, Ultra E.12, Magna EV, and Intercity EV 2.0, catering to diverse fleet needs. Supported by a strong charging infrastructure, connected tech through Fleet Edge, and a widespread service network, Tata Motors continues to lead India’s commercial EV transition.
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