Blue Energy Motors signs strategic agreement with HPCL
Date: 30 Jan 2026
Blue
Energy Motors (BEM) and Hindustan Petroleum Corporation Limited (HPCL) have
announced a collaboration to jointly set up Battery Swapping Stations (BSS) at
HPCL fuel retail outlets across select markets. Under the agreement, BEM will
leverage HPCL’s fuel station network to establish battery swapping
infrastructure for electric heavy-duty commercial vehicles, creating convenient
and accessible energy touchpoints for fleet operations.
The
collaboration aims to support the operational needs of commercial EV fleets by
reducing charging time and vehicle downtime, accelerating the adoption of
electric mobility, and strengthening the long-term development of BEM and HP
e-Charge brands in India.
Blue
Energy Motors is a pioneer in alternate fuel heavy-duty trucks in India,
focused on enabling low-emission and zero-emission freight solutions. The
company has been at the forefront of electric freight adoption, including the
launch of India’s first electric freight corridor between Mumbai and Pune.
HPCL
is one of India’s largest state-owned oil and gas corporations, operating over
24,400 Retail Outlets nationwide and running over 5,400 Electric Vehicle
Charging Stations under HP e-Charge brand.
The
agreement holds strategic significance as India accelerates its transition
toward green transportation. HPCL’s existing Retail Outlet footprint provides a
strong platform for accelerated deployment of battery swapping infrastructure
and seamless expansion across key freight markets.
Battery
swapping enables energy replenishment in under five minutes, significantly
reducing idle time compared to conventional charging. For fleet operators, this
translates into higher vehicle utilisation, improved productivity, and more
predictable operations. A growing network of swap stations also helps eliminate
range anxiety, allowing electric heavy-duty trucks to operate across longer
routes and multiple shifts with confidence.
By
integrating battery swapping infrastructure within existing energy retail
networks, the collaboration focuses on making electric mobility practical and
scalable for India’s freight and logistics sector.