FPT Industrial, the global powertrain brand of Iveco Group, has entered into an agreement to make a minority investment in Blue Energy Commercial Vehicles Private Ltd.

Blue Energy Motors is a zero-emission truck technology company headquartered in Pune, India, engaged in the manufacturing of clean energy trucks.

The news follows the agreement announced in July for the supply of FPT Industrial natural gas engines to Blue Energy Motors, aimed at introducing the first Liquified Natural Gas heavy-duty trucks to Indian roads by the end of this year.

At the beginning of September, Blue Energy Motors officially inaugurated its assembly plant in Chakan, Pune, India, and unveiled their first fully manufactured vehicles.

The investment further demonstrates the full support of FPT Industrial to the growth of Blue Energy Motors in its ambitious plan to play a key role in India’s decarbonisation transition. Although currently focused on Natural Gas fuel applications, the collaboration also foresees the possibility of future technology deployments in the area of electrification.

“This development in our partnership is further evidence of FPT Industrial’s commitment to advancing innovative technologies for sustainable mobility,” said Sylvain Blaise, president, powertrain business unit, Iveco Group.

“We aim to provide transport solutions that allow customers all over the world to run their businesses efficiently and profitably, while respecting the environment.

“We are happy and proud to be able to do this with our valued partner, Blue Energy Motors, in such an important country as India.”