Tata Motors Partners with Vertelo to Introduce Leasing Solutions for Electric Commercial VehiclesTata Motors Partners with Vertelo to Introduce Leasing Solutions for Electric Commercial Vehicles

16 May 2025

Tata Motors Partners with Vertelo to Introduce Leasing Solutions for Electric Commercial Vehicles

Tata Motors and Vertelo partner to offer tailored leasing solutions for electric commercial vehicles, driving EV adoption across India.

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PV

By Pratham

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A shared vision to simplify EV adoption

In a decisive move toward reshaping the future of commercial mobility in India, Tata Motors, the country’s foremost commercial vehicle manufacturer, has entered into a strategic Memorandum of Understanding (MoU) with Vertelo, a bespoke electric mobility solutions provider. This alliance aims to significantly ease the adoption of electric commercial vehicles (ECVs) for customers nationwide—offering flexible, tailored leasing solutions designed to empower fleet operators on their journey toward sustainable mobility.

This collaboration is more than a business agreement; it represents a shared vision—one that seeks to democratize electric transport across the economic and geographic breadth of India.

Custom Leasing to Empower Fleets Across the Nation

Under the agreement, Vertelo will deliver customized leasing models, optimized to meet the diverse needs of fleet operators and logistics providers. These models will span the entire electric commercial vehicle portfolio of Tata Motors, making them accessible to businesses both large and small—urban and rural—who might otherwise face barriers in their electrification efforts.

By easing financial constraints and streamlining operational transition, the partnership aspires to normalize electric fleets as not only an environmentally sound decision but also a commercially viable one.

Read More: GreenCell Mobility Bags Order for 1,200+ Electric Buses Under PM E-Bus Sewa Scheme

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A Commitment to Transformational Mobility

Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, underscored the strategic and social importance of the partnership:

“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.”

This vision echoes Tata Motors’ long-standing ethos of building mobility solutions not merely for today’s market, but for the demands of tomorrow’s sustainable economy.

Echoing this sentiment, Mr. Sandeep Gambhir, CEO, Vertelo, expressed confidence in the collaboration’s transformative potential:

“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.”

A Diverse, Future-Ready EV Portfolio

Tata Motors’ electric commercial vehicle range is as comprehensive as it is forward-looking. The Tata Ace EV, a favorite in last-mile logistics, has already proven its mettle in urban distribution networks. In the segment of mass mobility, the Tata Ultra and Tata Starbus platforms cater to intra-city and inter-city commuting needs, providing reliable, zero-emission alternatives to conventional public transport.

But the company's ambitions don’t stop there.

Tata Motors has recently showcased an expanded lineup of next-generation electric vehicles, including the Tata Prima E.55S, Tata Ultra E.12, Tata Magna EV bus, Tata Ultra EV 9 bus, Tata Intercity EV 2.0 bus, Tata Ace Pro EV, and Tata Intra EV. This diversified product suite is engineered to serve a wide range of industries—whether for goods movement, passenger transport, or hybrid use cases.

Supporting Infrastructure: The Unsung Backbone of Electrification

An electric vehicle is only as good as the ecosystem that supports it—and Tata Motors recognizes this fundamental truth. That’s why it backs its ECV offerings with an expanding nationwide charging infrastructure, an extensive after-sales service network, and Fleet Edge, a sophisticated connected vehicle platform.

Fleet Edge, in particular, equips fleet operators with real-time analytics, predictive maintenance alerts, and cost optimization insights—offering the kind of operational intelligence once reserved for enterprise-grade logistics platforms.

Together, these support systems ensure not just the deployment but the scaling and longevity of electric commercial vehicle operations.

Conclusion: Toward a Cleaner, Scalable Future

At its core, the Tata Motors–Vertelo partnership is about enabling scale without sacrificing sustainability. It's about empowering India’s commercial transport sector to embrace a cleaner, more resilient future—without the friction of upfront investment hurdles.

The electric revolution is no longer a theoretical goal; it’s a tangible shift already underway. And with two committed players—one with manufacturing might, the other with financial flexibility—joining forces, that shift just gained critical momentum.

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