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
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?