Tata Motors introduces EV push with Vertelo leasing partnership

By Staff Report May 16, 2025 5:21 pm IST

Tata Motors to offer electric CVs with Vertelo’s customised leasing solutions.

The largest commercial vehicle manufacturer in India, Tata Motors, and electric mobility solutions vendor Vertelo signed a Memorandum of Understanding (MoU) to increase access to EVs throughout the country. Through customised leasing alternatives, the partnership seeks to assist fleet operators in making the switch to electric transportation.

Vertelo will provide tailored lease options that are relevant to Tata Motors’ whole line of electric commercial vehicles under the terms of the agreement. This covers automobiles for public transit, intra-city logistics, and last-mile delivery.

Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, stated, “Tata Motors is committed to making electric mobility accessible. Our partnership with Vertelo strengthens this goal by enabling more customers to adopt electric commercial vehicles, supporting the growth of India’s EV ecosystem.”

Sandeep Gambhir, CEO of Vertelo, added, “We are pleased to partner with Tata Motors to accelerate the shift to electric commercial vehicles. This collaboration will deliver bespoke leasing solutions and promote eco-friendly transport at scale.”

Highlights of the Electric CV Portfolio
The range of electric commercial vehicles offered by Tata Motors consists of:

• Last-mile delivery using the Tata Ace EV.

• For mass transit, Tata Ultra and Tata Starbus.

• Prima E.55S, Ultra E.12, Magna EV, Ultra EV 9, Intercity EV 2.0, Ace Pro EV, and Intra EV are examples of concept models.

Fleet Edge, Tata Motors’ integrated fleet management platform, a vast service network, and an expanding charging infrastructure all support these vehicles.