Overview

• The raise lifts Blue Energy Motors’ total capital to $50 million, according to the company.
• BEM says the funds will unlock its stated 10,000‑truck annual manufacturing capacity and accelerate nationwide deployment.
• Production will focus on liquefied natural gas and electric heavy‑duty trucks, with strategic support from Essar and technology from FPT (Iveco Group).
• The company reports roughly 1,000 LNG trucks sold to date, covering over 60 million km and avoiding more than 15,000 tonnes of CO2.
• Executives and investors frame the plan as a commercially scalable alternative to diesel for long‑haul freight in India.