MG and Vertelo sign MoU for 3000 EVs

The partnership will also work towards establishing a robust EV charging infrastructure in the country.

Autocar Professional BureauBy Autocar Professional Bureau calendar 23 May 2024 Views icon2450 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
MG and Vertelo sign MoU for 3000 EVs

MG has inked an MoU with Vertelo, a Macquarie-managed integrated fleet electrification platform, funded by Green Climate Fund. This partnership includes the delivery of 3,000 MG electric vehicles to Vertelo in a phased manner.

It will also work towards establishing a robust EV charging infrastructure in the country.

Gaurav Gupta, Chief Growth Officer, MG India, said, “This partnership between MG India and Vertelo demonstrates a shared vision for a green and sustainable future with decarbonisation in India.”

Sandeep Gambhir, Chief Executive Officer, Vertelo noted that the partnership marks the "This partnership with MG Motor India to purchase around 3,000 electric cars, marks the beginning of a journey for both organisations with a common goal of accelerating fleet electrification and achieving Net-zero emissions.”

MG India has been instrumental in establishing a robust EV charging infrastructure with its ecosystem partners – Exicom Telesystems, ElectreeFi, EchargerBays, Ionage, Statiq, Epsilon & Highway Delite and deployed 7.4kW chargers, averaging one installation per day, covering approximately 50 major cities, as per the press release. 

Tags: Vertelo
RELATED ARTICLES
Bajaj Chetak Tops Electric Scooter Sales in Q4 FY25 with 29% Market Share

auther Sarthak Mahajan calendar08 Apr 2025

Bajaj Chetak records the highest electric scooter sales in India during Q4 FY 2024-25, supported by new model launches, ...

Integrals Power Appoints Tony Harper as Strategic Advisor to Support Business Expansion

auther Sarthak Mahajan calendar08 Apr 2025

Tony Harper joins Integrals Power as strategic advisor to support the company’s scale-up plans, guide facility expansion...

India Restricts BYD's Market Access Amid Efforts to Attract Tesla Investments

auther Autocar Professional Bureau calendar08 Apr 2025

Government officials have expressed concerns over the opaque ownership structures of Chinese companies and their potenti...