Switch Mobility has partnered with Vertelo, a provider of electric mobility solutions, to increase the adoption of electric vehicles (EVs) in India.
The collaboration, formalized through a Memorandum of Understanding (MoU), is expected to roll out 1,000 electric commercial vehicles (eCVs) across the country in the next three to five years.
Under this partnership, Vertelo will lease and finance Switch Mobility's advanced electric buses and eLCVs.
This makes it easier for businesses and municipalities across India to switch to electric fleets.
Switch Mobility CEO Mahesh Babu said on social media platform X: “This partnership represents a significant change in the Indian economy. By combining our advanced EV technology with Vertelo's innovative leasing solutions, we don't just sell cars – we enable businesses to adopt sustainable transportation without financial constraints.
“This aligns well with our vision to democratize the flow of electricity across all Indian commercial sectors.”
The partnership aims to address air pollution, climate change, and urban congestion by adding eLCVs and Switch Mobility buses to Vertelo's rental network.
Vertelo CEO Sandeep Gambhir said: “Our partnership with SWITCH Mobility marks a revolution in vehicle electrification. By removing the traditional barriers of high costs and operational uncertainty, we are empowering businesses of all sizes to participate in India's energy revolution.
“This partnership goes beyond vehicle deployment – it's about creating a sustainable ecosystem that makes electric mobility the obvious choice for commercial users.”
“Switch Mobility partners with Vertelo for EV adoption in India” was originally developed and published by Just Auto, a brand owned by GlobalData.
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