FPT Industrial acquires a minority stake in Blue Vitality Motors

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FPT Industrial, the worldwide powertrain model of Iveco Group, has entered into an settlement to make a minority funding in Blue Vitality Business Automobiles Personal Ltd, a zero-emission truck expertise firm headquartered in Pune, India, engaged within the manufacturing of unpolluted vitality vans below the model Blue Vitality Motors. The closing is topic to situations precedent.

This follows the settlement introduced in July for the availability of FPT Industrial pure fuel engines to Blue Vitality Motors, geared toward introducing the primary Liquified Pure Gasoline (LNG) heavy-duty vans to Indian roads by the tip of this yr.

Initially of September, Blue Vitality Motors formally inaugurated its meeting plant in Chakan, Pune, India, and unveiled their first absolutely manufactured automobiles, with the 5528 4×2 truck as the primary mannequin.

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Blue Vitality Motor’s 5528 truck makes use of a FPT multipoint stoichiometric combustion engine which ensures best-in-class gas consumption and decrease noise than diesel engines. With 280hp energy and 1000N·m torque, it is likely one of the strongest pure fuel vans in the marketplace and is appropriate with CNG, LNG, and biomethane.

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5528 4×2 truck has Trade’s first 1000-liter gas tank which supplies the vary of as much as 1400 km in a single fill. With given lengthy vary, points pertaining to vary anxiousness are addressed and with the upcoming LNG dishing out community, adequate protection throughout key routes within the nation might be offered.

The corporate has put in capability to supply 10,000 vans / annum which may be augmented additional because the ecosystem matures and demand ramps up.

The funding additional demonstrates the total assist of FPT Industrial to the expansion of Blue Vitality Motors in its bold plan to play a key function in India’s decarbonisation transition. Though at present targeted on Pure Gasoline gas functions, the collaboration additionally foresees the potential of future expertise deployments within the space of electrification.

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