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
Ampere Updates Magnus G Max Electric Scooter with New Features
Priced at Rs 1,09,999, the electric two-wheeler receives more than 30 IoT-enabled features alongside cruise control and ...
Escorts Kubota Partners with Tractor Junction for Used Tractor Resale Network
Collaboration aims to streamline exchange inventory valuation and accelerate new tractor sales across key agricultural m...
Skoda Lines up Diesel Superb Comeback in India
Flagship sedan is expected to return as a CBU, giving the Czech carmaker a diesel offering and strengthening the premium...


05 Apr 2023
4755 Views

Ketan Thakkar