The state-of-the-art facility will produce 30,000 EV trucks, create 4,000 jobs, and position Maharashtra as a leader in green mobility solutions.
Blue Energy Motors Ltd., a key partner in Essar’s green mobility initiative and a trailblazer in clean-energy trucking, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum in Davos.
This partnership will facilitate a ₹3500 crore investment to establish a state-of-the-art manufacturing facility for 30,000 advanced electric trucks. The facility, slated to commence operations in the fiscal year 2025-26, will feature cutting-edge R&D capabilities, battery-pack production lines, motor manufacturing units, and EV charging infrastructure.
Boosting Maharashtra’s Green Economy
The proposed manufacturing unit is expected to create over 4,000 direct jobs, driving industrial growth and accelerating the region’s transition to green energy. The initiative reaffirms Maharashtra’s position as a global hub for advanced clean mobility solutions while contributing to India’s green energy goals.
Commenting on the collaboration, Mr. Anirudh Bhuwalka, CEO of Blue Energy Motors, said, “This partnership with the Government of Maharashtra marks a significant milestone in our mission to lead the green trucking revolution. By aligning with Essar’s green mobility initiative, we aim to create a cleaner, greener, and more sustainable future. This investment will not only foster economic growth but also establish Maharashtra as a leader in clean mobility innovations.”
Pioneering Zero-Emission Solutions
The upcoming facility will utilize industry-leading practices and AI & ML-enabled technologies to manufacture zero-emission electric trucks. Designed to transform heavy-duty trucking, these EVs will offer unmatched efficiency and reliability while minimizing carbon footprints.
This initiative also underscores Blue Energy Motors’ commitment to addressing global challenges like climate change and sustainable development. By collaborating with key stakeholders, the company aims to establish itself as a leader in green trucking solutions, supporting India’s broader sustainability ambitions.
Keywords: Blue Energy Motors, EV trucks, Maharashtra investment, green mobility, Essar green initiative, electric truck manufacturing, zero-emission vehicles, sustainable development, AI-enabled EV trucks, green energy transition.