Blue Energy Motors is $ 30 million from Nichil Kamath, OMNITEX; Total financing reaches 50 million dollars

Blue Energy Motors (bem), the hard liquefied natural gas manufacturer (LNG) and electric trucks, collected $ 30 million of new financing, which increased its total capital to $ 50 million. The last round witnessed the participation of the investor, Najil Kamt and Omnitex Industries, based on strategic support from Essar and FPT (Iveco Group).

Beem will use this new leak to cancel its annual manufacturing capacity of 10,000 trucks and increase the increase in the production and development of clean transportation solutions for the Indian logistical sector. The move comes at a time when India is intensifying the efforts to remove carbon from the vital charging industry, which represents approximately 15 percent of the total carbon emissions in the country.

According to Bem, the new financing will be useful in accelerating the start of the liquefied natural gas from the next generation and hard electric trucks. The company aims to expand the fingerprint of green mobility throughout India, and to take advantage of its innovative business model that merges advanced truck technology, alternative fuel solutions, and comprehensive maintenance support.

Beem has sold about 1,000 liquefied natural gas vehicles so far, as these trucks combined cover more than 60 million km and reduce carbon emissions by more than 15,000 tons.

“The new box enables blue energy engines to accelerate the transformation of India to clean and sustainable transportation. By harnessing both liquefied natural gas technologies, we are ready to lead the shift in India towards sustainable shipping and Bashir to greenery. Bhuwalka, founder and manager of management at Blue Energy Motors.

Investor Najil Kamt said that the future of logistics services in India will be based on clean and developed technology. “The real opportunity is only in solutions that are not chased, but it is presented calmly and efficiently, and on a large scale. This blue energy has done well.”

The Ansoman Roya, Essar manager, also highlighted the company’s continuous commitment, and said that their investments emphasize their confidence in Blue Energy Motors and the company’s innovative approach to saving the hard transport.