MG India signs MoU with Vertelo to deliver 3,000 EVs in phases
Partnership to accelerate green and sustainable mobility solutions. Both entities commit to jointly expand EV charging infrastructure
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Hyderabad: MG (Morris Garages) India, has inked an MoU with Vertelo, a Macquarie-managed integrated fleet electrification platform, funded by the Green Climate Fund. This partnership includes the delivery of 3,000 MG electric vehicles to Vertelo in a phased manner. Focused on providing sustainable mobility solutions to riders, the partnership will also work towards establishing a robust EV charging infrastructure in the country.
“MG is constantly working towards offering electric mobility solutions and strengthening the EV infrastructure. This partnership between MG India and Vertelo demonstrates a shared vision for a green and sustainable future with decarbonisation in India. We also believe that this collaboration will augment our endeavours to offer advanced e-mobility solutions for passengers and boost the faster adoption of EVs in the country,” Gaurav Gupta, Chief Growth Officer, MG India, said.
"This partnership with MG Motor India to purchase around 3,000 electric cars, marks the beginning of an exciting journey for both organisations with a common goal of accelerating fleet electrification and achieving Net-zero emissions. We are excited about this partnership, and we hope that the exciting range of electric vehicles that MG Motor plans to bring to India over the next few years coupled with Vertelo’s integrated electrification solutions for fleet operators and corporates will go a long way in accelerating the shift towards a more sustainable transportation ecosystem,” Sandeep Gambhir, Chief Executive Officer, Vertelo stated that
MG’s vehicles highlight its leadership in auto-tech, consistently pioneering the introduction of futuristic solutions to its customers. Its current EV lineup includes the MG Comet—the Smart EV, a practical urban mobility solution. Additionally, the ZS EV, India’s first pure-electric internet SUV, provides a spacious and luxurious in-cabin experience, making it a comfortable and lucrative mobility choice.
MG India has been instrumental in establishing a robust EV charging infrastructure with its ecosystem partners – Exicom Telesystems, ElectreeFi, EchargerBays, Ionage, Statiq, Epsilon, and Highway Delite. MG deployed 7.4kW chargers, averaging one installation per day, covering approximately 50 major cities. The company is also working closely with Glida, TPCL, BPCL, Jio-bp, Zeon, and ChargeZone for setting up EV charging infrastructure, and with Attero and Lohum for battery recycling, reuse, and life extension. Notably, the recent partnership with Shoonya - Zero Pollution Mobility campaign, led by NITI Aayog, underscores MG Motor India's commitment to promoting electric vehicles.
