Blue Energy Motors (BEM), India’s leading manufacturer of LNG and electric heavy-duty trucks, has secured fresh funding of USD 30 million, bringing its total capital raised to USD 50 million, the company announced on Thursday.
The company’s mission to drive India’s green mobility revolution is supported by strategic partners Essar and FPT (Iveco Group), which serve as both strategic investors and technology collaborators.
“In the latest funding round, Blue Energy Motors raised an additional USD 30 million from Nikhil Kamath and Omnitex Industries,” the company said in a statement.
Expanding Manufacturing and Green Mobility Footprint
BEM currently operates with an annual production capacity of 10,000 trucks. The fresh infusion of capital will help unlock this full capacity, ramp up production, expand the development of LNG and electric heavy-duty trucks, and strengthen the company’s footprint in sustainable freight mobility across India.
“The company is at the forefront of decarbonising India’s transportation sector, which contributes nearly 15% of the country’s total carbon emissions,” the statement added.
So far, Blue Energy Motors has sold around 1,000 LNG trucks to leading Fortune 500 companies. These trucks have collectively covered more than 60 million kilometres, cutting carbon emissions by over 15,000 tonnes of CO2 to date.
Leaders Speak on the Strategic Investment
Commenting on the fundraise, Anirudh Bhuwalka, Founder and Managing Director, Blue Energy Motors, said:
“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.”
Nikhil Kamath, investor and entrepreneur, said:
“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.”
Anshuman Ruia, Director at Essar, added:
“As investors in Blue Energy Motors, Essar remains deeply committed to accelerating India’s transition to green mobility. Our continued investment underscores our confidence in Blue Energy Motors and the company’s innovative approach to decarbonising heavy-duty transportation. This aligns perfectly with Essar’s broader vision of championing sustainable business solutions across sectors.”
Driving India’s Green Transition
As India advances toward a cleaner and more energy-efficient future, Blue Energy Motors is positioning itself as a leader in decarbonising the freight transportation sector with its LNG and electric truck portfolio.
