Tata Motors & Vertelo Partner for EV Leasing Solutions

In a strategic step aligned with India’s growing pursuit of sustainable mobility, Tata Motors, a pioneer in the commercial automotive sector, has joined forces with Vertelo, an emerging leader in EV leasing services, to accelerate the transition toward electric commercial vehicles (electric CVs) through flexible, cost-effective leasing models.

The partnership, formalized through a Memorandum of Understanding (MoU), aims to dismantle one of the key barriers to fleet electrification the high upfront cost. Through this alliance, Vertelo will offer tailored fleet leasing solutions that span Tata Motors’ comprehensive range of commercial EVs, including electric trucks, buses, and last-mile delivery vehicles. This initiative not only enhances the financial viability of electric fleets but also supports India’s ambitious e-mobility goals.

A Comprehensive Solution for Sustainable Mobility

Tata Motors, already at the forefront of the electric CV revolution, brings to the table a diverse product lineup that includes the widely recognized Tata Ace EV, the efficient Starbus EV, and heavy-duty electric trucks like the Prima E.55S. Each of these vehicles is engineered for Indian operating conditions and supported by an advanced connected vehicle platform Fleet Edge which offers real-time diagnostics, telematics, and operational optimization.

These vehicles, when paired with Vertelo’s bespoke leasing packages, create a powerful synergy. Fleet operators can now access state-of-the-art Tata electric trucks and buses without incurring the heavy capital expense traditionally associated with EV acquisition. Instead, they benefit from structured, scalable financial models that include maintenance, servicing, and technology support all bundled into a predictable lease structure.

Executive Perspectives on the Alliance

Speaking on the occasion, Rajesh Kaul, Vice President and Business Head – Trucks, Commercial Vehicles at Tata Motors, stated:

“We are delighted to collaborate with Vertelo to create accessible EV leasing models that simplify the switch to green mobility. This partnership strengthens our commitment to democratizing access to zero-emission transport and expanding India’s e-mobility infrastructure.”

From Vertelo’s side, Sandeep Gambhir, CEO, remarked:

“We see immense potential in making commercial EVs the preferred choice for fleet owners across India. Through this partnership with Tata Motors, we aim to unlock new leasing avenues for a variety of use cases, including last-mile logistics and public transport, while supporting a cleaner, more sustainable urban environment.”

Paving the Road Ahead for E-Mobility in India

This collaboration is more than a business transaction it’s a strategic enabler in India’s broader mission to combat vehicular emissions and enhance energy efficiency in logistics. The focus on EV leasing not only provides operational flexibility but also contributes meaningfully to sustainable mobility by reducing the carbon footprint of commercial transport.

With the commercial vehicle segment playing a pivotal role in national freight and mobility, initiatives such as this mark a significant step toward responsible, technology-led transformation. As Tata Motors and Vertelo chart this new path forward, they are setting a compelling precedent for how public-private collaboration can drive the next phase of fleet electrification in India.

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