Blue Energy Motors has raised USD 50 million in funding to expand its manufacturing and development of liquefied natural gas (LNG) and electric heavy-duty trucks. The round included USD 30 million from Nikhil Kamath and Omnitex Industries, while Essar and FPT (Iveco Group) continued as strategic investors and technology partners.
The company said the investment will support expansion of its production capacity to 10,000 trucks annually and accelerate development of LNG and electric trucks across India. Blue Energy Motors has already deployed about 1,000 LNG trucks, which have collectively covered more than 60 million kilometres and reduced over 15,000 tonnes of carbon dioxide emissions.
“The fresh fund raise empowers Blue Energy Motors to accelerate India’s shift to clean, sustainable freight transportation. By harnessing both LNG and electric truck technologies, we are set to lead India’s transformation toward sustainable, zero-emission freight. Our commitment to delivering scalable, commercially viable solutions positions us at the forefront of the green mobility revolution and sets the stage for long-term value creation for our investors,” said Anirudh Bhuwalka, Founder and Managing Director of Blue Energy Motors.
“The future of logistics in India will be built on clean, scalable technology. The real opportunity lies in solutions that don’t just chase disruption, but deliver it quietly, efficiently, and at scale. Blue Energy has done that well,” said Nikhil Kamath, Investor .
Blue Energy Motors was established to manufacture and commercialise LNG and electric heavy-duty trucks. The company is headquartered in India and partners with global technology providers to develop low-emission freight solutions.