Tata Motors and Vertelo Partner to Offer Tailored Leasing Solutions for Electric Commercial Vehicles

Tata Motors has announced a strategic partnership with electric mobility solutions provider Vertelo to offer customized leasing options for its electric commercial vehicle (CV) lineup. This collaboration aims to make electric mobility more accessible to fleet operators and accelerate the adoption of sustainable transport solutions across India.

The two companies have signed a Memorandum of Understanding (MoU) to provide attractive leasing solutions applicable to Tata Motors’ entire electric CV portfolio. This includes vehicles like the Tata Ace EV, Tata Ultra, and Tata Starbus range, as well as upcoming models such as the Tata Prima E.55S and Tata Intra EV.

Rajesh Kaul, Vice President & Business Head – Trucks at Tata Motors Commercial Vehicles, stated that this partnership marks a significant step in democratizing electric mobility. He emphasized that such collaborations not only accelerate the adoption of sustainable transport solutions but also contribute to the development of a robust EV ecosystem in India.

Sandeep Gambhir, CEO of Vertelo, noted that the partnership will accelerate EV adoption across a wide range of electric commercial vehicles, including buses, trucks, and mini-trucks. He highlighted that the collaboration will facilitate bespoke leasing solutions and the creation of a sustainable ecosystem that makes electric mobility the natural choice for commercial fleet operators.

Tata Motors’ electric CV lineup caters to various applications and customer requirements, ranging from last-mile delivery to mass mobility solutions. By offering flexible leasing options through Vertelo, the company aims to lower the entry barriers for fleet operators considering a shift to electric vehicles.

This initiative is part of Tata Motors’ broader strategy to promote sustainable transportation and support India’s transition to cleaner mobility solutions. By collaborating with partners like Vertelo, Tata Motors is working towards building a comprehensive EV ecosystem that addresses the diverse needs of commercial vehicle operators.