Switch Mobility Partners with Vertelo
ECONOMY & POLICY

Switch Mobility Partners with Vertelo

Switch Mobility Automotive Ltd, a subsidiary of Ashok Leyland and part of the Hinduja Group, has partnered with Vertelo to deploy 1,000 electric commercial vehicles (eCVs) across India over the next 3-5 years. The collaboration aims to overcome the barriers of high upfront costs and enable businesses and municipalities to adopt sustainable transportation solutions.

Key Highlights
Scope: Deployment of 1,000 electric buses and electric light commercial vehicles (eLCVs).

Timeline: 3-5 years.
Model: Vertelo will lease and fund Switch’s advanced eCVs, ensuring accessibility for diverse sectors.

Significance
Sustainable Transition:
The partnership provides a cost-effective avenue for businesses and municipalities to embrace electric vehicles, critical for advancing India’s clean transportation goals.

Overcoming Financial Barriers: Vertelo’s leasing model eliminates the high upfront costs traditionally associated with EV adoption, empowering businesses of varying scales. EV Technology Integration: Switch’s advanced EV technology ensures efficient and eco-friendly vehicles tailored to market needs. Leadership Perspectives

Mahesh Babu, CEO, Switch Mobility:
"This partnership combines our cutting-edge EV technology with Vertelo’s innovative leasing model, enabling businesses to adopt sustainable transport solutions without capital constraints."

Sandeep Gambhir, CEO, Vertelo:
"By addressing cost and operational concerns, we’re democratizing access to India’s electric revolution for businesses of all sizes."

Broader Implications
The collaboration aligns with India’s push for clean energy solutions in transportation. By easing the transition to electric mobility, the partnership sets a benchmark for public-private synergies in advancing the electric vehicle ecosystem. Switch Mobility continues to expand its impact on India’s green transport revolution, supporting the nation’s goal to reduce carbon emissions and enhance sustainable infrastructure.

Switch Mobility Automotive Ltd, a subsidiary of Ashok Leyland and part of the Hinduja Group, has partnered with Vertelo to deploy 1,000 electric commercial vehicles (eCVs) across India over the next 3-5 years. The collaboration aims to overcome the barriers of high upfront costs and enable businesses and municipalities to adopt sustainable transportation solutions. Key Highlights Scope: Deployment of 1,000 electric buses and electric light commercial vehicles (eLCVs). Timeline: 3-5 years. Model: Vertelo will lease and fund Switch’s advanced eCVs, ensuring accessibility for diverse sectors. Significance Sustainable Transition: The partnership provides a cost-effective avenue for businesses and municipalities to embrace electric vehicles, critical for advancing India’s clean transportation goals. Overcoming Financial Barriers: Vertelo’s leasing model eliminates the high upfront costs traditionally associated with EV adoption, empowering businesses of varying scales. EV Technology Integration: Switch’s advanced EV technology ensures efficient and eco-friendly vehicles tailored to market needs. Leadership Perspectives Mahesh Babu, CEO, Switch Mobility: This partnership combines our cutting-edge EV technology with Vertelo’s innovative leasing model, enabling businesses to adopt sustainable transport solutions without capital constraints. Sandeep Gambhir, CEO, Vertelo: By addressing cost and operational concerns, we’re democratizing access to India’s electric revolution for businesses of all sizes. Broader Implications The collaboration aligns with India’s push for clean energy solutions in transportation. By easing the transition to electric mobility, the partnership sets a benchmark for public-private synergies in advancing the electric vehicle ecosystem. Switch Mobility continues to expand its impact on India’s green transport revolution, supporting the nation’s goal to reduce carbon emissions and enhance sustainable infrastructure.

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

Häfele launches Matrix undermount runners range

Häfele has introduced its new Matrix range of undermount runners, designed to enhance drawer motion across kitchens, wardrobes, bathroom units, and more.Available in four weight capacities and a wide range of lengths, the Matrix undermount runners support diverse drawer designs. The 40 kg and 60 kg variants feature synchronised technology for superior motion and drawer stability. All runners come with an integrated soft-close mechanism to ensure smooth and noiseless operation.This in-house range is ideal for kitchen cabinets, bed storage units, living room furniture and bathroom drawers, offe..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?