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electric vehicles: Macquarie's $1.5 bn India EV platform to focus on fleet electrification

Australias Macquarie Group has launched an EV financing platform called Vertelo for India, focusing 95% of its $1.5 billion investment on electrifying commercial vehicle fleets. The platform will offer financing, fleet management, and charging infrastructure solutions. The remaining 5% will go towards charging infrastructure and other requirements.
Sandeep Gambhir United Nation Green Climate Fund Tata Motors Australia Macquarie Group Macquarie Group Eka Mobility

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electric vehicles: Macquarie to invest $1.5 billion in EV sector through Vertelo

Australias Macquarie Asset Management plans to invest $1.5 billion in Indias electric vehicle sector through its new platform Vertelo, offering fleet electrification solutions. The platform, backed by the Green Climate Fund, aims to reduce greenhouse gas emissions by 9.5 metric tonnes. Vertelo has already secured agreements with companies like Chalo Mobility, JBM, Eka Mobility, and Tata Motors to supply electric vehicles and develop charging infrastructure. Macquarie Group sees this investment a...
Abhishek Poddar Macquarie Group Tata Motors Green Climate Fund Australia Macquarie Group Macquarie Asset Management

electric vehicle: Surge in demand for skilled electric vehicle talent as Indian manufacturers race to meet green mobility demands

Homegrown EV and EV component makers such as Switch Mobility, EKA Mobility, GreenCell and ARENQ are anticipating the talent to reach as high as 200%. This is leading companies such as Tata Motors, the countrys largest EV maker, to tap entry-level talent from technical colleges and lateral talent from automotive and related industries.
Neelesh Gupta Mahesh Babu Sitaram Kandi Anshuman Das Tata Motors Switch Mobility

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