Switch Mobility, a Hinduja Group company and subsidiary of Ashok Leyland, has partnered with Vertelo to deploy 1,000 electric vehicles in India over the next three to five years. The agreement aims to accelerate electric vehicle adoption and promote sustainable transportation. Under the partnership, Switch Mobility will provide electric light commercial vehicles and electric buses, while Vertelo will lease and finance these vehicles, making them accessible to businesses and municipalities. The collaboration addresses the financial barriers to EV adoption by offering leasing options, allowing businesses to transition to electric fleets without significant upfront investment. The goal is to make electric mobility a practical and affordable choice for commercial operators. The initiative is expected to contribute to reducing emissions and improving air quality in urban areas and promote the growth of the electric vehicle industry in India. The partnership positions Switch Mobility as a leader in the electric vehicle market and underscores Vertelo’s role in enabling broader EV adoption through leasing options.
Swappable mobility specialist, Switch, teams up with technology leader, Vertelo, to drive electric vehicle adoption in India.
