Blue Energy Motors Launches Heavy-Duty EV Truck and Mumbai-Pune Electric Corridor
Blue Energy Motors (BEM) has unveiled its electric heavy-duty truck and the Mumbai-Pune electric corridor, featuring battery swapping stations to address high capital expenditure challenges.
Electric TrucksBattery SwappingEnergyasaserviceGreen MobilityDecarbonisationReal Estate PuneOct 16, 2025
The electric corridor, with battery swapping stations at JNPA and Pune, aims to address the high capital expenditure challenges associated with the adoption of heavy-duty EV trucks by offering an Energy-as-a-Service subscription.
'With our Energy-as-a-Service model, we’re redefining fleet economics, offering reduced upfront capital cost, the lowest total cost of ownership (TCO) with the highest payload, minimal charging downtime, and making it well-to-wheel green with renewable energy,' said Anirudh Bhuwalka, Founder and Managing Director of Blue Energy Motors.
Meanwhile, the Chief Minister pointed out that cargo-handling trucks are among the biggest emitters of pollutants, and the government needed the decarbonisation of those trucks the most. 'The movement toward LNG and alternative fuels began a few years ago, but what India truly needed was indigenous, domestically-manufactured cargo transport vehicles, electric vehicles made in India,' he added.
BEM reported that they are witnessing strong demand and are signing MoUs for over 10,000 electric trucks. BEM had signed an MoU with the Maharashtra government to set up a new facility with a capacity of 30,000 trucks, backed by an investment of ₹3,500 crore, 'keeping in mind the strong demand for EV trucks.'
Supporting the CM's argument, Bhuwalka pointed out that the trucking sector contributes nearly 44% of transport-related CO₂ emissions. India has around 4 million trucks. 'With a 7–8% annual growth rate, this could double to 8 million in the next decade.' At present, they emit 450 million tonnes of CO₂. 'If we don’t act, that could rise to 900 million tonnes. We need a solution.'
However, he cautioned that diesel parity is a necessity to achieve this. 'Without solving the cost problem, mass-market transition to green mobility will never happen.' Electric trucks currently cost almost three times more than diesel ones. Bhuwalka noted that a quiet revolution occurred in early 2025, and many don’t know this. 'Battery prices dropped by nearly 50%.' 'That was the tipping point. Once in a lifetime opportunity comes to transform a 100-year-old industry, and we are here to witness that revolution. I’m privileged to lead this shift.'
'Battery prices have been falling consistently; electricity costs, driven by solar energy, are stable and could decline further, and diesel, on the other hand, has an inflationary trend.' Despite all the excitement around electric mobility, there are still four challenges, according to Bhuwalka: range limitations, long charging times, large real estate requirements, and high upfront capital costs. He thinks that Blue Energy Motors has cracked this code.
'This truck leads in its class because it offers the highest payload, features the highest battery energy density, with a range of 150–200 km, and supports fast battery swapping.' Why is battery swapping? 'Because it eliminates range anxiety and downtime.' The swap stations are plug-and-play, installable within 48 hours anywhere in the country, requiring just 56 square metres of space.
Now, the elephant in the room remains: the capital cost. 'That’s where our next innovation comes in: Energy-as-a-Service, India’s first subscription-based model for heavy-duty trucks.' 'Under this model, customers don’t need to invest in charging or worry about electricity or battery ownership. Everything is bundled into a simple cost-per-kilometre model.'
Blue Energy Motors is already the leading manufacturer of sustainable LNG trucks, which it launched in September 2022. 'Fast forward to 2025,' Bhuwalka added, 'we’ve sold over 1,000 trucks, covered 70 million kilometres, and helped avoid over 20,000 tonnes of CO₂ emissions. Today, many Fortune 500 companies have adopted our trucks.'
Frequently Asked Questions
What is the main feature of Blue Energy Motors' heavy-duty EV truck?
The main feature of Blue Energy Motors' heavy-duty EV truck is its battery swapping technology, which eliminates range anxiety and downtime.
How does the Energy-as-a-Service model work?
The Energy-as-a-Service model is a subscription-based service that bundles charging, electricity, and battery ownership into a simple cost-per-kilometre model, reducing upfront capital costs for customers.
What are the environmental benefits of electric trucks?
Electric trucks significantly reduce CO₂ emissions and other pollutants, contributing to the decarbonisation of the transportation sector.
What is the capacity of the new facility in Chakan, Pune?
The new facility in Chakan, Pune, has a capacity of 30,000 trucks and is backed by an investment of ₹3,500 crore.
What are the challenges in adopting electric trucks?
The main challenges in adopting electric trucks include range limitations, long charging times, large real estate requirements, and high upfront capital costs.
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