MG and Vertelo sign MoU for 3000 EVs

MG (Morris Garages), a British automobile brand with a 100-year-old legacy, today announced that it 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. Focused on providing the sustainable mobility solutions to riders, the partnership will also work towards establishing a robust EV charging infrastructure in the country. Gaurav Gupta, Chief Growth Officer, MG India, said, “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.” Commenting on the partnership, Sandeep Gambhir, Chief Executive Officer, Vertelo stated that "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 really excited about this partnership, and we hope that the exciting range of electric vehicles that MG Motor