Blue Energy Motors secures funding from FPT Industrial
With this partnership, Blue Energy Motors will be able to further strengthen its mission to decarbonise the transport sector in India, by jointly developing a heavy-duty Electric (BEV) Truck with FPT Industrial.
Blue Energy Motors has secured funding from FPT Industrial, which has acquired a minority stake in the Pune-based zero-emission truck technology start-up.
A part of the Italian automotive and financial services firm Iveco Group, FPT Industrial will help in bolstering the LNG trucks’ application and jointly developing the next-generation heavy-duty Electric (BEV) Truck platform for the Indian market.
With this partnership, Blue Energy Motors will be able to further strengthen its mission to decarbonise the transport sector in India, by jointly developing a heavy-duty Electric (BEV) Truck with FPT Industrial.
RELATED ARTICLES
BlueBinaries Acquires MicroNova Automotive Testing Unit to Form NovaBinaries
BlueBinaries targets $100 million revenue threshold with test automation business.
Kinetic Engineering Invests Rs 57 Crore to Scale Exports and EV Arm
Kinetic funds Rs 500 crore export order for Europe and Mexico while backing subsidiary Kinetic Watts and Volts.
Mahindra Scales Charge_iN Public EV Network to 50 Stations, Targets 250 Sites by December 2027
Mahindra commissions first joint 180 kW fast-charging site with HPCL on Mumbai-Pune Expressway as live connector footpri...



05 Apr 2023
