Archive · 18 Sep 2025
Blue Energy Motors Raises $30M for Electric Trucks
Blue Energy Motors, a company that makes eco-friendly trucks, got $30 million more in money from investors, including Nikhil Kamath.
This brings the total money they have raised to $50 million.
They are planning to start selling electric trucks in October and will make them in the same place where they make LNG trucks.
BEM has already sold over 1,000 trucks.
Nikhil Kamath thinks these trucks are the future of transportation, as the technology is clean and efficient.
Blue Energy Motors raised $30 million in funding.
The total capital raised by BEM is now $50 million.
The company is entering the electric truck market.
BEM's manufacturing plant has a capacity of 10,000 trucks annually.
The company has already sold over 1,000 LNG trucks.
- Who
- Blue Energy Motors (BEM)
- What
- Raised $30 million to fund electric truck production
- When
- Not specified in the article.
- Where
- India
- Why
- To strengthen product capabilities and expand into the electric vehicle market.
Company Vision
Investor Perspective
Focus
Company Vision
Strengthen product capabilities and build an electric vehicle portfolio
Investor Perspective
Investing in the future of logistics with clean and scalable technology.
- Company
- Blue Energy Motors (BEM)
- Funding Amount
- $30 million (Rs 265 crore)
- Total Capital Raised
- $50 million
- Investors
- Nikhil Kamath, Omnitex Industries
- Truck Types
- LNG and Electric
- Manufacturing Capacity
- 10,000 trucks per year
- Electric Truck Launch
- October (expected)
- Vehicles Sold
- Over 1,000 LNG trucks
Sources
Blue Energy Motors raises $50 mn funding to accelerate green trucking in India
Blue Energy Motors raises $30 million from Nikhil Kamath, Omnitel Industries
Blue Energy Motors raises $30 mn from Nikhil Kamath, Omnitex; overall funding reaches $50 mn
Blue Energy Motors raises $50 million to accelerate green trucking in India