SWITCH Mobility Automotive Ltd. (SWITCH), a global manufacturer of electric buses and light commercial vehicles and part of the Hinduja Group subsidiary Ashok Leyland, has announced a strategic partnership with Vertelo, a bespoke electric mobility solutions provider. The collaboration was formalised through a Memorandum of Understanding (MoU) signed at an event in Chennai. This landmark agreement aims to deploy 1,000 electric commercial vehicles (eLCVs and buses) across India over the next 3-5 years, promoting sustainable and decarbonised transportation solutions.
The partnership addresses pressing challenges such as climate change, air pollution, and urban congestion. By integrating SWITCH Mobility's advanced electric vehicle technology with Vertelo's innovative leasing ecosystem, the collaboration seeks to redefine commercial transportation in India, making fleet electrification accessible and efficient for businesses and urban communities.
Commenting on the partnership, Mahesh Babu, CEO of SWITCH Mobility, said: "This collaboration represents a pivotal shift in India's commercial mobility landscape. By combining our advanced EV technology with Vertelo's innovative leasing solutions, we're not just selling vehicles—we're enabling businesses to embrace sustainable transportation without capital constraints. This aligns perfectly with our vision of democratising electric mobility across India's diverse commercial sectors."
Sandeep Gambhir, CEO of Vertelo, added: "Our alliance with SWITCH Mobility marks a transformative approach to commercial fleet electrification. By removing traditional barriers such as high upfront costs and operational uncertainties, we're empowering businesses of all sizes to participate in India's electric revolution. This partnership goes beyond vehicle deployment—it's about creating a sustainable ecosystem that makes electric mobility the obvious choice for commercial operators."
Under the terms of the MoU, Vertelo will lease and fund SWITCH's electric buses and eLCVs, ensuring widespread adoption of sustainable transportation solutions by businesses and municipalities.
