Skip to content
Energy Tech Series A Founded 2020

Blue Energy Motors

Blue Energy Motors manufactures electric and LNG-powered heavy-duty trucks featuring swappable battery technology, providing clean technology alternatives to decarbonize the environment while breaking the barriers of economic returns. The company electric heavy-duty trucks are powered by Module-to-Bracket (M2b) swappable battery technology that is 30% smaller and 20% higher in energy density than conventional…

📍 Pune, India · Electric Vehicles,

Funding snapshot

Last roundSeries A
Amount$30M
Date18 September 2025
Total raised$50M
Valuation416,414,687 (Aug 13, 2025)
Team size160

About

Blue Energy Motors manufactures electric and LNG-powered heavy-duty trucks featuring swappable battery technology, providing clean technology alternatives to decarbonize the environment while breaking the barriers of economic returns. The company electric heavy-duty trucks are powered by Module-to-Bracket (M2b) swappable battery technology that is 30% smaller and 20% higher in energy density than conventional batteries, enabling battery swaps in under 5 minutes for zero charging downtime and more kilometers per day. The trucks support unlimited range through the swappable battery ecosystem and feature dual-gun CCS2 fast charging that can fully charge vehicles in under 60 minutes. Blue Energy Motors also manufactures India first LNG heavy-duty trucks, expanding its green fuel portfolio to serve the steel and cement industries with LNG-powered commercial vehicles. The company platform is built on BEAT (Blue Energy Advanced Technology) with Advance Mobility Intelligence for connected truck capabilities. The trucks deliver the highest energy density and payload in their class with zero carbon emissions. Over a 50,000 km annual driving cycle, a Blue Energy Motors electric truck saves approximately 108 tons of CO2 emissions, equivalent to the work of 4,860 trees. The company has rolled out its 500th green fuel truck and serves customers including JSW Cement, Dalmia Cement, and JK Lakshmi Cement. Blue Energy Motors provides charging infrastructure, connected truck services, and LNG network support. Founded in 2020 and headquartered in Pune, India, Blue Energy Motors has raised approximately $50 million in Series A funding from investors including FPT Industrial, Omnitex Industries, and Exponentia Ventures.

Business model

Electric Vehicles > Automaker > Commercial Vehicles > Trucks,

Energy Storage Tech > Charging > Station Network > Battery Swapping > Electric Vehicle > Trucks

Institutional investors

FPT Industrial Omnitex Industries Exponentia Ventures Nikhil Kamath

Latest coverage

No articles yet.

Raising like Blue Energy Motors?

Analyze your pitch deck before your next raise.

Analyze My Deck →