Tata Motors Finance Partners with BluSmart Mobility to Accelerate EV Fleet Expansion in Delhi NCR
New Delhi, India, June 22 – Tata Motors Finance (TMF), one of India’s leading automotive financiers, has entered into a strategic partnership with BluSmart Mobility, India’s first and leading EV ride-hailing service, as well as an EV charging superhub infrastructure operator. This collaboration aims to support the expansion of BluSmart’s fleet and operations in the Delhi NCR region.
The partnership is facilitated through a comprehensive financing and lease solution, which will enable BluSmart to add 200 electric vehicles (EVs) to its fleet. The signing ceremony, which marks a significant milestone, was attended by key dignitaries, including Anmol Singh Jaggi, CEO and Co-Founder of BluSmart; Samrat Gupta, MD & CEO of Tata Motors Finance; Anand Bang, Chief Operating Officer; and Surinder Kamboj, Business Head, Passenger Vehicles, alongside other stakeholders from both Tata Motors Finance and BluSmart Mobility.
A Milestone in EV Mobility
Commenting on the partnership, Samrat Gupta, MD & CEO of Tata Motors Finance, said, “Tata Motors Finance is committed to providing innovative solutions to EV fleet operators within the Tata Motors ecosystem to meet their mobility growth needs through tailored credit offerings. Our partnership with BluSmart Mobility is a testament to TMF’s commitment to the EV mobility space.”
Expressing his excitement at the signing ceremony, Anmol Singh Jaggi, CEO & Co-Founder of BluSmart, added, “We are thrilled to partner with Tata Motors Finance to further strengthen BluSmart’s growth. This collaboration will allow us to expand our fleet and enhance our market presence, providing efficient, reliable, and eco-friendly transportation services to our customers.”
Tata Motors Finance: A Legacy of Automotive Financing
Tata Motors Finance Limited (TMFL) is a leading non-deposit taking, systemically important (ND-SI) NBFC, specializing in financing the full range of Tata Motors commercial vehicles. Established in 1957 under a different name, TMFL has a strong presence across India with a network of over 350 branches, in addition to the Tata Motors dealerships. The company’s business interests are primarily focused on benefiting the parent company and its strategic partners within the Tata Motors ecosystem.
For more information, visit www.tmf.co.in.
BluSmart: Pioneering India’s Transition to Zero Emission Mobility
BluSmart is at the forefront of India’s transition to zero-emission mobility. As the leader in electric vehicle ride-hailing, BluSmart operates the largest fleet of electric cabs and boasts the largest network of EV fast-charging stations across Delhi NCR and Bengaluru. BluSmart is dedicated to enhancing the quality of life by providing eco-friendly, reliable, and efficient transportation solutions for customers and empowering driver partners with a sustainable livelihood.
For more details, visit BluSmart’s website.
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