Ad

Ad

SWITCH Mobility Partners with Vertelo for Electric Vehicle Adoption


By Priya SinghUpdated On: 26-Nov-2024 01:07 PM
noOfViews3,002 Views

Follow Us:follow-image
Shareshare-icon

ByPriya SinghPriya Singh |Updated On: 26-Nov-2024 01:07 PM
Share via:

Follow Us:follow-image
noOfViews3,002 Views

SWITCH will offer its advanced EV technology, while Vertelo will provide leasing and funding options.
Switch Mobility is a bus manufacturing company based in Sherburn-in-Elmet, North Yorkshire, UK. 

Key Highlights:

  • SWITCH Mobility has partnered with Vertelo to accelerate the adoption of electric vehicles in India. 
  • The collaboration plans to deploy 1,000 electric commercial vehicles, including eLCVs and buses, in 3-5 years. 
  • SWITCH will offer advanced EV technology, while Vertelo will handle leasing and funding to simplify fleet electrification. 
  • The partnership aims to eliminate barriers like high upfront costs and operational challenges, enabling wider EV adoption. 
  • This initiative supports India's urban mobility and environmental goals, fostering sustainable commercial transportation.

SWITCH Mobility, a subsidiary of Ashok Leyland, has joined hands with Vertelo, an electric mobility solutions provider, to promote the use of electric vehicles (EVs) in India. The two companies have signed a Memorandum of Understanding (MoU) to deploy 1,000 electric commercial vehicles, including eLCVs and buses, over the next three to five years. 

Focus of the Partnership 

This collaboration aims to address challenges like climate change, urban congestion, and air pollution. SWITCH will offer its advanced EV technology, while Vertelo will provide leasing and funding options, making it easier for businesses and municipalities to transition to electric fleets. 

Key Highlights 

  • SWITCH Mobility's advanced EVs will power the initiative. 
  • Vertelo will simplify fleet electrification through innovative leasing models. 
  • Both companies aim to break barriers such as high upfront costs and operational uncertainties. 

Statements from the Leaders 

Mahesh Babu, CEO of SWITCH Mobility, emphasized the significance of the partnership, stating, “We’re enabling businesses to embrace sustainable transportation without capital constraints.” He highlighted the goal of making electric mobility accessible across diverse commercial sectors in India. 

Sandeep Gambhir, CEO of Vertelo, pointed out the importance of reducing financial and operational challenges, stating, “This partnership is about creating a sustainable ecosystem that makes electric mobility the obvious choice for commercial operators.” 

Impact on Urban Mobility 

The deployment of these vehicles is expected to align with India’s environmental and urban transportation goals. It sets a new standard for sustainable commercial transportation in the country.

About Switch Mobility

Switch Mobility, previously called Optare until 2020, is a bus manufacturing company based in Sherburn-in-Elmet, North Yorkshire, UK. It operates as a subsidiary of the Indian company Ashok Leyland.

Switch Mobility leads the electric vehicle (EV) initiatives of the Ashok Leyland group. While Switch focuses on EVs, Ashok Leyland continues its work on diesel-powered vehicles and alternative fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), and hydrogen.

Subsidiaries of Switch Mobility 

Switch Mobility Automotive Ltd: This subsidiary combines Ashok Leyland’s EV operations in India with the technical expertise of Switch Mobility’s UK-based bus division. 

OHM Global Mobility Private Ltd: This company offers Mobility as a Service (eMaaS) solutions in India, supporting efficient and sustainable transport systems.

Also Read: Ashok Leyland’s Electric Vehicle Unit Switch Mobility Aims for Break-Even in India by Year-End

CMV360 Says

The partnership between SWITCH Mobility and Vertelo is a practical move to encourage electric vehicle adoption in India. Making EVs accessible through leasing options will help businesses overcome cost challenges. It’s a step that could support commercial operators in transitioning to cleaner transportation solutions.

News


Tata Motors Focuses on Multi-Fuel Strategy: Diesel, EVs, Hydrogen, and LNG for Transport

Tata Motors Focuses on Multi-Fuel Strategy: Diesel, EVs, Hydrogen, and LNG for Transport

Even with the shift towards cleaner energy, Petkar emphasized that diesel is still essential because of its reliability and efficiency....

04-Apr-25 11:17 AM

Read Full News
Bajaj Auto Sees 1% Growth in March Sales, Strong Export Performance

Bajaj Auto Sees 1% Growth in March Sales, Strong Export Performance

Bajaj Auto saw a 7% increase in total sales, reaching 4,650,966 units, up from 4,350,933 units in the previous year....

04-Apr-25 07:46 AM

Read Full News
Electric 3W L5 Sales Report March 2025: MLMM Emerges as Top Choice

Electric 3W L5 Sales Report March 2025: MLMM Emerges as Top Choice

In this news, we will examine the sales performance of E3W L5 in the goods and passenger segments in March 2025 based on the Vahan Dashboard data....

03-Apr-25 12:56 PM

Read Full News
Electric Three-wheeler Sales Report March 2025: YC Electric Emerges as Top Choice

Electric Three-wheeler Sales Report March 2025: YC Electric Emerges as Top Choice

In this news, we will examine the sales performance of the E-rickshaw and E-cart segments in March 2025 based on the data from the Vahan Dashboard....

03-Apr-25 11:00 AM

Read Full News
Ashok Leyland Opens 22nd LCV Dealership in Uttar Pradesh

Ashok Leyland Opens 22nd LCV Dealership in Uttar Pradesh

The new RDS AUTOSALES facility is located on Chunar Road, Jamui Jamuhar, Mirzapur, and will provide sales, service, and spare parts for Ashok Leyland’s LCV products....

03-Apr-25 08:47 AM

Read Full News
Electric Buses Sales Report March 2025: Switch Mobility Emerges as Top Choice for E-Buses

Electric Buses Sales Report March 2025: Switch Mobility Emerges as Top Choice for E-Buses

In this news, we will analyse the brand-wise sales trend of Electric buses in India in March 2025 based on the Vahan Dashboard data....

03-Apr-25 07:30 AM

Read Full News

Ad

Ad

web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.