Tata Motors’ commercial vehicle division signed a Memorandum of Understanding (MoU) with Vertelo, an electric mobility solutions provider, to make electric commercial vehicles more accessible through flexible leasing options. This strategic partnership is aimed at supporting fleet operators across India in making a smooth transition to sustainable mobility.
Redefining leasing in EV commercial sector
According to the agreement, Vertelo will provide customised leasing solutions across Tata Motors’ entire electric commercial vehicle (EV) portfolio, which includes trucks, buses, and small commercial vehicles. These solutions are designed to reduce the upfront cost of ownership and encourage broader EV adoption among fleet operators and businesses.
Speaking on the collaboration, Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, said, “At Tata Motors, we are committed to making sustainable transportation accessible to all. This partnership with Vertelo aligns with our goal of accelerating the adoption of electric vehicles in the commercial sector while strengthening the EV ecosystem in India.”
Vertelo’s CEO, Sandeep Gambhir, added, “We are excited to partner with Tata Motors to offer flexible and innovative leasing models that promote the adoption of electric vehicles at scale. Together, we aim to enable a greener, more efficient mobility landscape.”
Tata Motors CV versatile lineup
Tata Motors currently offers a wide range of electric commercial vehicles, including the Tata Ace EV for last-mile delivery, and electric variants of the Tata Ultra and Starbus for mass mobility. The company has also showcased advanced models such as the Tata Prima E.55S, Ultra E.12, and the Magna EV and Intercity EV buses.
Tata Motors, backed by a strong charging network, the Fleet Edge platform, and widespread service support, continues to lead India’s transition to green mobility. Its partnership with Vertelo strengthens this vision by providing scalable, cost-effective EV leasing options.
