Blue Energy Motors, which recently launched a heavy-duty LNG truck, has entered a strategic tie-up with FPT Industrial. FPT is set to acquire a minority stake in the company as part of the agreement.
Sylvain Blaise, President, Powertrain Business Unit, Iveco Group, stated that while the association is currently focusing on natural gas fuel applications, the two companies with the strategic agreement in place will closely work on future technology deployments in the areas of electrification of heavy-duty trucks.
'We aim to provide transport solutions that allow customers all over the world to run their businesses efficiently and profitably, while respecting the environment,' Blaise said.
Anirudh Bhuwalka, CEO of Blue Energy Motors, added, “Strengthening our partnership with FPT Industrial will enable us to continue in the development of the company and to pioneer clean energy solutions including LNG & Electric in the upcoming year.”
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