Blue Energy Motors Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra during the World Economic Forum in Davos, committing ₹3,500 crore to set up a state-of-the-art electric truck manufacturing facility. The initiative aims to strengthen India’s electric vehicle (EV) ecosystem and drive the adoption of sustainable mobility solutions.
Advanced Manufacturing and R&D Capabilities
The new facility will feature cutting-edge infrastructure, including a production capacity of 30,000 electric trucks annually, a battery-pack assembly line, a motor manufacturing unit, and advanced research and development (R&D) facilities. Additionally, it will include dedicated charging infrastructure, with operations set to commence by FY 2025-26. The project is expected to generate over 4,000 jobs, significantly enhancing Maharashtra’s industrial landscape.
Driving Green Mobility for a Sustainable Future
Aligned with Blue Energy Motors’ vision for zero-emission commercial transport, this investment underscores the company’s commitment to reducing carbon footprints in logistics. CEO Anirudh Bhuwalka emphasized that this initiative will contribute to mitigating climate change and establishing India as a global leader in green trucking technologies.
Strategic Push for India’s EV Goals
The partnership highlights Maharashtra’s pivotal role in advancing EV adoption and complements India’s broader sustainable development agenda. This investment signals another key milestone in the nation’s transition towards clean energy and reduced reliance on fossil fuels in the transportation sector.
