The Gupta Partnership and Alphabet
The Gupta Partnership [TGP] champions innovative low carbon technologies that transform existing markets. Low carbon transport is one focus areas where TGP works with BMW i-Brand and Alphabet, a vehicle leasing company. TGP was invited by Electric Corby to assist with the introduction of an automotive manufacturer to provide electric vehicles for 9,500 smart new-build homes in which each would have an electric car as its smart energy storage hub. The home owner will be able to buy & sell energy from the car’s battery pack back to the power company. The solution requires there to be an electric car in the garage for the duration of a mortgage, so a new vehicle is offered every 3-4 years within the package. Although 100% BMW-owned, only 30% of vehicles that Alphabet leases are BMWs, so home owners will have a wide choice of electric vehicles. Together with Alphabet, TGP has generated an all-new personalised flexible leasing product for electric cars.