New Delhi
Omega Seiki Mobility (OSM) and Log9 Materials have formed a strategic partnership to deploy 10,000 3-Wheeler Rage+ Rapid EV’s in Tier II and III markets of India by FY24.
Supporting these 3W EV Cargo Loaders both companies will facilitate deployment of InstaCharging stations that can charge a 3W completely within 35 minutes, as compared to up to 3.5 hours taken by conventional 3Ws.
In India, the last-mile logistics sector in the e-commerce industry is anticipated to increase by 9 times to USD 5.23 billion in 2025. Today, one out of five customers of e-commerce platforms originate from Tier II and III cities. For small loads, 3W goods vehicles are fast becoming a preferred choice for last-mile delivery. Buoyed by this demand, Log9 and OSM are working together in its mission of Pioneering Responsible Energy and go beyond metro and Tier I cities.
Uday Narang, Founder & Chairman, Omega Seiki Mobility said that Omega Seiki Mobility is born electric OEM which aims to ‘empower electric mobility in India’ in its truest sense. Currently, the last-mile delivery ecosystem growing leaps and bounds, and switching to EVs in Tier II and III becomes a must to counter environmental concerns due to vehicular emissions as Two-Third of India resides in Tier II, III and smaller towns.
Akshay Singhal, Founder & CEO, Log9 Materials adds that they firmly believe that India’s vision to turn into a fully EV-led nation by 2030 cannot be met unless the Tier II and III cities and towns join the movement and add further fuel to the nation’s e-mobility and clean energy transition.
Omega Seiki Private Limited is a member of the Anglian Omega group of businesses, focusing on manufacturing steel parts for automotive & engineering industries in India & abroad.
Log9 is an indigenous deep-tech and advanced battery-tech startup that is redefining the EV industry's standards in the fight against climate change, by offering batteries that can be charged 9x faster, can last 9x longer and offer 9x higher performance and safety.
Source: Omega Seiki Press Release
Image Sources: Omega Seiki Press Release
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