Blue Energy Motors (BEM), India’s leading manufacturer of LNG and electric heavy-duty trucks, has secured $50 million to scale up its clean mobility solutions. The round includes a fresh $30 million investment from Nikhil Kamath and Omnitex Industries, giving the company stronger backing to expand production and boost its green trucking footprint.
Supported by strategic partners Essar and FPT (Iveco Group), BEM currently operates with an annual manufacturing capacity of 10,000 trucks. The new funds will be channelled into expanding its LNG and electric truck portfolio while strengthening its sustainable logistics presence nationwide.
So far, the company has deployed around 1,000 LNG trucks, already in use by Fortune 500 firms. These vehicles have collectively logged over 60 million kilometres on Indian roads, helping cut more than 15,000 tonnes of carbon emissions.
Founder and Managing Director Anirudh Bhuwalka said the funding would help speed India’s transition to sustainable freight. “By harnessing both LNG and electric truck technologies, we are set to lead India’s transformation toward sustainable, zero-emission freight,” he stated.
Investor Nikhil Kamath highlighted the potential scale of clean logistics, while Essar’s Anshuman Ruia noted the investment aligns with Essar’s vision of driving sustainability across industries. Both reaffirmed confidence in BEM’s innovative approach to decarbonizing transport.
With road transport contributing nearly 15% of India’s carbon emissions, BEM’s LNG and electric solutions are expected to play a critical role in cutting pollution and reshaping the country’s freight ecosystem.
