How is Blue Energy Motors Accelerating Green Trucking in India?
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Synopsis
Blue Energy Motors, India’s top manufacturer of LNG and electric heavy-duty trucks, has raised $50 million in funding to bolster its green trucking initiative. This investment aims to enhance their production capabilities and promote sustainable transportation solutions across the country.
Key Takeaways
- Blue Energy Motors has raised $50 million in funding.
- The company focuses on sustainable mobility through LNG and electric trucks.
- BEM aims to enhance its manufacturing capacity to 10,000 trucks annually.
- The firm has sold around 1,000 LNG trucks to Fortune 500 companies.
- The trucks have contributed to a reduction of 15,000 tonnes in carbon emissions.
Mumbai, Sep 18 (NationPress) Blue Energy Motors (BEM), recognized as India’s premier producer of LNG and electric heavy-duty trucks, has successfully completed another funding round, increasing its total capital to $50 million.
The company’s ambition for sustainable mobility is supported by Essar and FPT (Iveco Group), who act as a strategic investor and technology collaborator.
In this recent funding initiative, Blue Energy Motors has garnered an extra $30 million from investors Nikhil Kamath and Omnitex Industries.
BEM currently possesses a manufacturing capability of 10,000 trucks annually. This new funding will play a crucial role in fully utilizing this capacity, speeding up production, advancing the development of liquefied natural gas (LNG) and electric vehicle (EV) heavy-duty trucks, and enhancing the company’s green mobility presence throughout India.
The firm is leading the charge to decarbonize India's transportation sector, which accounts for almost 15 percent of the nation’s total carbon emissions. As India’s largest producer of LNG trucks, BEM has successfully sold around 1,000 vehicles that are currently operational with top Fortune 500 companies. These trucks have cumulatively traveled over 60 million km, resulting in a reduction of carbon emissions by more than 15,000 tonnes (CO2) so far.
Regarding the recent funding, Anirudh Bhuwalka, Founder & Managing Director of Blue Energy Motors, stated, "This new financial boost empowers Blue Energy Motors to expedite India’s transition to clean, sustainable freight transport. By leveraging both LNG and electric truck technologies, we are poised to spearhead India’s shift towards sustainable, zero-emission freight. Our dedication to providing scalable, commercially viable solutions positions us at the forefront of the green mobility revolution and sets the groundwork for long-term value creation for our investors."
Nikhil Kamath, Investor and Entrepreneur, remarked, "The future of logistics in India will be founded on clean, scalable technologies. The genuine opportunity lies in solutions that not only pursue disruption but also deliver it quietly, efficiently, and extensively. Blue Energy has excelled in this aspect."
Anshuman Ruia, Director at Essar, commented, "As investors in Blue Energy Motors, Essar is profoundly committed to advancing India's shift to green mobility. Our ongoing investment highlights our confidence in Blue Energy Motors and its innovative approach to decarbonizing heavy-duty transport. This aligns seamlessly with Essar's broader vision of promoting sustainable business solutions across various sectors."
As India strives for a cleaner and more energy-efficient future, Blue Energy Motors is exceptionally positioned to guide the transition within the freight transportation sector.
Point of View
Blue Energy Motors stands at the forefront of India's transition to sustainable transportation. Their commitment to reducing carbon emissions aligns with national goals of promoting clean energy. As a leader in the manufacturing of LNG trucks, BEM's innovative approaches may serve as a model for other companies in the industry, fostering a collective movement towards a greener economy.
NationPress
20/09/2025
Frequently Asked Questions
What is Blue Energy Motors known for?
Blue Energy Motors is recognized as India’s leading manufacturer of LNG and electric heavy-duty trucks.
How much funding has Blue Energy Motors raised?
Blue Energy Motors has raised a total of $50 million in funding.
Who are the key investors in Blue Energy Motors?
Key investors include Essar, FPT (Iveco Group), Nikhil Kamath, and Omnitex Industries.
What is the impact of Blue Energy Motors on carbon emissions?
The company has successfully reduced carbon emissions by over 15,000 tonnes (CO2) through their LNG trucks.
What is Blue Energy Motors' manufacturing capacity?
Blue Energy Motors has a manufacturing capacity of 10,000 trucks per year.
