MG and Vertelo sign MoU for 3000 EVs
The partnership will also work towards establishing a robust EV charging infrastructure in the country.
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.
RELATED ARTICLES
SIAM Conclave Explores Sustainable Strategies for Automotive Logistics
Stakeholders discuss multimodal transport, digital innovation, and sustainable practices to improve efficiency and resil...
Varroc Appoints Padmanabh Sinha as Independent Director
Sinha returns to Varroc’s Board with over 25 years of investment experience across private equity and technology.
Railways To Introduce More Specialized Wagons For Vehicle Transportation: Hitendra Malhotra
Hitendra Malhotra, a member of the Railway Board for Operations & Business Development at the Ministry of Railways noted...