Skip to main content

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.

Autocar Professional BureauBy Autocar Professional Bureau calendar 05 Apr 2023 Views icon4792 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Blue Energy Motors secures funding from 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

Gestamp Opens Gujarat Plant With Rs 523.7 Crore Investment

auther Eshisha Java calendar08 Sep 2026

The Gestamp Gujarat plant in Bhagapura marks a Rs 523.7 crore investment, adding hot-stamping, laser cutting and welding...

Mahindra Maps Africa, Southeast Asia for Small CV Exports

auther Ketan Thakkar calendar08 Sep 2026

Indonesia order opens new overseas opportunity, but strong replacement demand will keep India the immediate priority.

Electric Vehicle Retail Sales Rise 52.9% In August 2026

auther Eshisha Java calendar08 Sep 2026

Electric vehicle retail sales rose 52.9% year-on-year to 2,98,448 units in August 2026, led by two-wheelers, three-wheel...