Vertelo will lease and fund Switch Mobility’s advanced electric buses and eLCVs. Credit: Vlasov Yevhenii/Shutterstock.

Switch Mobility has partnered with Vertelo, an electric mobility solutions provider, to boost the adoption of electric vehicles (EVs) in India.

The collaboration, formalised through a Memorandum of Understanding (MoU), is set to deploy 1,000 electric commercial vehicles (eCVs) across the country over the next three to five years.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Under this alliance, Vertelo will lease and fund Switch Mobility’s advanced electric buses and eLCVs.

This makes easier for businesses and municipalities across India to switch to electric fleets.

Switch Mobility CEO Mahesh Babu said in social platform X: “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.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The partnership aims to tackle air pollution, climate change, and urban congestion by adding Switch Mobility’s eLCVs and buses to Vertelo’s leasing network.  

Vertelo CEO Sandeep Gambhir said: “ Our alliance with SWITCH Mobility marks a transformative approach to commercial fleet electrification. By removing the traditional barriers of 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.”