Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant

Blue Energy To Setup 30,000 EV Truck Manufacturing In Maharashtra

Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster industrial growth and significantly enhance the region’s EV truck manufacturing infrastructure. Blue Energy Motors is a partner in Essar’s green mobility initiative and a company dealing with clean-energy trucks

Under the terms of the agreement, Blue Energy Motors will invest approximately ₹3500 crores to establish a manufacturing facility dedicated to producing its advanced electric (EV) trucks that will house advanced R&D capabilities, battery-pack line, motor manufacturing unit and set up charging stations. This investment is expected to generate direct employment for over 4,000 individuals, contributing to the state’s transition to green energy and economic growth. The proposed projects are slated to commence in the fiscal year 2025-26.

Commenting on the partnership, Anirudh Bhuwalka, CEO of Blue Energy Motors, said, “We are excited to announce this partnership with the Maharashtra government. This collaboration represents a crucial milestone in our ambitions of pioneering green trucking in partnership with Essar’s green mobility initiative. It reflects our shared vision for a cleaner, greener and a more sustainable future. Our investment will not only reaffirm Maharashtra’s position as a global hub for advanced clean mobility solutions but also will contribute to job creation and economic growth.”

The new inter-connected facility will implement industry-leading manufacturing practices to produce zero-emission electric trucks. These AI & ML enabled EV commercial vehicles are designed to redefine heavy-duty trucking by delivering unmatched efficiency and reliability while significantly reducing carbon footprints. This initiative aligns with our mission to establish ourselves as a leader in green trucking solutions by collaborating with key leaders and stakeholders to address pressing global challenges, such as climate change and sustainable development.