Blue Energy Motors (BEM), India’s leading manufacturer of LNG and electric heavy-duty trucks, has secured fresh funding, bringing its total capital raised to $50 million. The round included an additional $30 million from Nikhil Kamath and Omnitex Industries, further strengthening the company’s push for clean and sustainable mobility.
Backed by Essar and FPT (Iveco Group) as strategic investors and technology partners, BEM plans to fully unlock its 10,000 trucks-per-year manufacturing capacity with this infusion. The funding will be used to accelerate production, expand LNG and EV truck development, and scale its green mobility footprint across India.
BEM has already sold around 1,000 LNG trucks that are operational with leading Fortune 500 companies. Together, these vehicles have clocked more than 60 million kilometres, cutting over 15,000 tonnes of CO₂ emissions to date.
“Our fresh fundraise empowers Blue Energy Motors to accelerate India’s shift to clean, sustainable freight transportation,” said Anirudh Bhuwalka, Founder & Managing Director of BEM. “By harnessing both LNG and electric truck technologies, we are set to lead India’s transformation toward sustainable, zero-emission freight.”
Investor Nikhil Kamath added, “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.”
Reiterating investor confidence, Anshuman Ruia, Director of Essar, said, “Essar remains deeply committed to accelerating India’s transition to green mobility. This aligns perfectly with our broader vision of championing sustainable business solutions across sectors.”
As India’s transportation sector—responsible for nearly 15% of total carbon emissions—moves toward decarbonisation, BEM is well-positioned to lead the transition in heavy-duty freight.
