An MOU has been signed by MG and Vertelo, an integrated fleet electrification platform managed by Macquarie and financed by the Green Climate Fund. As part of this collaboration, Vertelo will receive 3,000 MG electric cars over time.
Additionally, it will seek to build a strong national infrastructure for EV charging.
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.