Business Economy


Hyd: ElectriGo launches Electric Bus Leasing Solution

Hyderabad, Dec 16 (UNI) ElectriGo, a full-stack electric bus leasing platform enabling India’s next phase of zero-emission mobility, on Tuesday said it has officially launched its electric bus leasing targeting private bus operators.
ElectriGo has announced the signing of a Memorandum of Understanding (MoU) with Green Energy Mobility Solutions Ltd (GEMS) for the deployment of 50 electric buses across key transport routes.
The MoU was formalised in August this year in Chennai and marks a significant step in accelerating the commercial adoption of electric buses in public and contract transportation.
To support its operations, GEMS today announced the launch of Ziel Mobility, a green aggregator ecosystem focused on electric passenger buses and electric trucks.
ElectriGo emerged from the success of Turno, India’s largest electric small commercial vehicle (eSCV) platform launched in 2021 by former Zoomcar CXOs Hemanth Aluru and Sudhindra Reddy.
Turno transformed EV adoption in underserved retail markets through innovative financing, a battery buyback guarantee, and deep expertise in battery repurposing—unlocking real Total Cost of Ownership (TCO) benefits for operators.
Building on this foundation, ElectriGo was launched in 2024 to bring the same mission-led approach to the electric bus ecosystem with integrated charging infrastructure, proactive maintenance, and real-time telematics, enabling operators to deploy electric buses with confidence and predictable performance.
Speaking about the partnership, Sudhindra Reddy Pidapa, Co-founder of ElectriGo, said: “By combining ElectriGo’s full-stack leasing model with dependable on-ground operations, we are making electric buses not only accessible but also commercially viable for operators across India.”
Sunil Kumar Ravindran, Director, GEMS and Ziel Mobility said: “Ziel Mobility is a critical operating layer within our broader EV ecosystem. By combining electric buses, trucks, mining equipment, and high-capacity charging, we are focusing on practical deployment rather than pilots with active mining deployments and a clear roadmap of 200 buses, 150 trucks, and 50 mining machines by FY 2026–27—supported by ElectriGo’s capabilities in technology-backed financing, maintenance, battery and lifecycle support.”
As part of this agreement, ElectriGo is delivering the first tranche of 10 electric buses in Hyderabad today.
These vehicles will operate with complete maintenance and operational support from ElectriGo, ensuring high uptime, enhanced fleet efficiency, and seamless daily operations for the operator.
ElectriGo has established presence across key markets across the country such as Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Gujarat, Rajasthan and Delhi-NCR.
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