MQGPE News: Macquarie's $1.5 bln India EV platform to focus on fleet electrification - 22nd Apr 2024, 9:54pm

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By Dhwani Pandya and Nandan Mandayam

MUMBAI, April 22 (Reuters) - Australia's Macquarie Group launched on Monday an EV financing platform for India that will focus 95% of its $1.5 billion investment on electrifying fleets of commercial vehicles.

The platform, called Vertelo, will offer financing, fleet management and charging infrastructure solutions, its chief executive Sandeep Gambhir said at the launch.

The remaining 5% of investment will go towards charging infrastructure and other requir...

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