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Blue Energy Motors to Invest ₹3500 Crore in Maharashtra for EV Truck Manufacturing

Blue Energy Motors to Invest Rs 3500 Crore in Maharashtra for EV Truck Manufacturing

Mumbai, January 2025: Blue Energy Motors Ltd., a leader in clean-energy heavy-duty trucks and a partner in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum in Davos. The agreement marks a major step in advancing India’s green mobility ambitions, with plans to set up a cutting-edge manufacturing plant for 30,000 electric trucks.

₹3500 Crore Investment for Green Mobility

Under the MoU, Blue Energy Motors will invest ₹3500 crores to establish a state-of-the-art facility in Maharashtra. The plant will focus on producing zero-emission electric trucks equipped with advanced AI and ML technology. Key features of the project include:

  • Battery-pack production lines and motor manufacturing units.
  • Development of EV charging infrastructure.
  • Creation of 4,000 direct jobs to boost Maharashtra’s economy.

This manufacturing hub, set to commence operations in 2025-26, aims to make Maharashtra a leader in sustainable transportation.

CEO’s Vision for the Future

Speaking about the partnership, Mr. Anirudh Bhuwalka, CEO of Blue Energy Motors, said:
“We are proud to collaborate with the Government of Maharashtra on this milestone project. This initiative reflects our shared vision of a greener and more sustainable future. With this investment, we aim to redefine green trucking in India while boosting economic growth and job creation in the state.”

Transforming Transportation in India

Blue Energy Motors is focused on disrupting the trucking industry with its zero-emission heavy-duty vehicles. These trucks are designed to deliver exceptional efficiency, reliability, and lower carbon emissions, offering a sustainable alternative for businesses. The facility will also serve as a research and development hub to further innovate in EV technology.

Driving a Green Future

This partnership highlights Maharashtra’s commitment to becoming a global hub for green mobility. By supporting projects like this, the state is paving the way for sustainable economic growth and helping India meet its climate goals.

Blue Energy Motors is a pioneer in zero-emission heavy-duty trucking solutions. Its innovative business model combines next-generation truck technology, green infrastructure, and maintenance solutions to enable zero-emission transportation. The company is at the forefront of India’s transition to a greener, more sustainable future.

This MoU marks a new chapter in India’s clean energy journey, reaffirming the nation’s commitment to tackling climate change and promoting industrial growth.


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