Noticia

FPT Industrial, the global powertrain brand of Iveco Group, announces that it has entered into an agreement to make a minority investment in Blue Energy Commercial Vehicles Private Ltd, a zero-emission truck technology company headquartered in Pune, India, engaged in the manufacturing of clean energy trucks under the brand Blue Energy Motors. The closing is subject to conditions precedent.

This follows the agreement communicated during the Beyond event in Turin this July, and the official launch of the first Blue Energy Motors assembly plant of the first Liquified Natural Gas (LNG)-fuelled trucks in Chakan, Pune, India, at the beginning of September.

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 decarbonization transition. Although currently focused on Natural Gas fuel applications, the collaboration also foresees the support and joint development of future projects in the area of electrification.

FPT Industrial enters the Indian on-road market bringing more than 25 years of natural gas engine know-how and leveraging its vast experience in this sector.

“It is a great honor for us to serve Blue Energy Motors with our N67 NG supply engine agreement,” declared Sylvain Blaise, President Powertrain Business Unit, Iveco Group. “And at the same time enlarge the scope of our partnership confirming our commitment as technology provider to fully exploit our capability in alternative propulsions.”

Anirudh Bhuwalka, CEO Blue Energy Motors, stated: “Strengthening our partnership with FPT Industrial will enable us to continue in the development of the company and to pioneer new powertrain solutions together to embrace the energy transition path – the common goal of both companies.”

• In the photo (from the left): Anirudh Bhuwalka, CEO, Blue Energy Motors; Sylvain Blaise, President, Powertrain, Iveco Group
at IAA TRANSPORTATION 2022

• FPT Industrial is a brand of IVECO Group, dedicated to the design, production and sales of drives systems for On-Road and Off-Road vehicles, as well as marine and Power Generation applications. The company has more than 8,000 employees around the world, ten production plants and seven R&D centers. The FPT Industrial sales network is made up of 73 dealerships and about 800 service centers in almost 100 countries. The brand boasts an extremely vast range of products that includes six engine families with power that goes from 42 HP to 1,006 HP, transmissions with maximum torque from 200 Nm to 500 Nm and 2 to 32 ton gross axle weight (GAW) front and rear axles. FPT Industrial offers the most complete line-up of natural gas engines on the market for industrial applications, with power that goes from 50 to 460 HP. This vast range of products and the great attention dedicated to R&D make FPT Industrial a global leader in the industrial engines segment. For more information, go to www.fptindustrial.com.