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.