Blue Energy Motors Fuels India's Green Revolution with $30M Boost

Blue Energy Motors (BEM), India’s leading manufacturer of LNG and electric heavy-duty trucks, has secured $30 million in fresh funding, bringing its total capital raised to $50 million. The round saw participation from strategic and high-profile investors including Essar, FPT (Iveco Group), Nikhil Kamath, and Omnitex Industries.

Backed by a robust manufacturing facility with a capacity of 10,000 trucks annually, BEM will use the new capital to:

Fully operationalise its production capacity, Accelerate rollout of LNG and electric truck models, Expand its green mobility footprint across India

With road transport accounting for nearly 15% of India’s carbon emissions, BEM is at the forefront of decarbonising the sector. The company has already deployed around 1,000 LNG trucks, operating with Fortune 500 companies, which have collectively travelled over 60 million km, resulting in a CO₂ reduction of more than 15,000 tonnes.

“This fresh fundraise empowers Blue Energy Motors to accelerate India’s shift to clean, sustainable freight transportation—setting the stage for long-term value creation for our investors,” said Anirudh Bhuwalka, Founder & Managing Director, Blue Energy Motors.

The investment signals strong confidence in BEM’s vision to lead India’s zero-emission freight movement, driven by innovation, strategic partnerships, and a focus on sustainable industrial growth.

News by Rahul Yelligetti.