Omega Seiki Mobility & iM3NY Jointly To Bring US Battery Cell Technology In India
Omega Seiki Mobility (OSM) today announced a joint venture with iM3NY to bring battery cell technology in the Indian market for the first time from the subcontinent. Also, OSM previously signed a joint venture with Jae Sung: Korean Technology Player, for manufacturing of localised EV powertrains fuelled by Jae Sung’s expertise and technology prowess. A total of 6 variants of the powertrain company have been developed from 7.5 KW to 34 KW for the entire range of OSM’s electric Vehicles. Making Omega Seiki Mobility India’s first completely integrated electric OEM, manufacturing with its own Battery packs, Power trains, metal assemblies, and Vehicles and providing mobility solutions.
Omega Seiki Mobility to set up two New Green Field Manufacturing facilities to manufacture the components. The company already has four state-of-the-art manufacturing factories for its electric vehicles in Delhi NCR and Pune. The company has lined up an investment of 800 crore for setting up component facilities.
While Signing the JV, UdayNarang,Founderand Chairman, Omega Seiki Mobility said "Omega Seiki Mobility is India's first fully integrated electric vehicle OEM with its own Battery, Power train technologies. These technologies give us the control over the critical parts of the supply chain thus helping us become a large scale player in the industry. As cell and battery technologies are evolving rapidly, any serious OEM will need to continuously invest in them. Alliance with iM3NY ensures our access to a world class technology in batteries. Similarly, Power trains are evolving into high efficiency, integrated systems which Jae Sung Korea brings to us. I compliment both my partners and welcome them to India.”
Commenting on the occasion, Chaitanya Sharma, iM3NY’s CEO, said "We are incredibly excited to work with Omega Seiki, a like-minded partner with a future-focused mind-set. This partnership is strategically important for the electrification of the automotive industry, an undeniable trend that iM3NY is proud to be a part of."
EV Powertrain consists of a motor, gear reducer unit and controller. This is the critical part which powers the vehicle. Omega Seiki will manufacture these along with Jae Sung Korea as their JV partner. Speaking on the powertrain, Narang said "Our Power trains have always been high quality and reliable. Now we are very pleased to bring the next generation of motor, controller and gear unit technology to India. This is an integrated design which packs in more power, efficiency and acceleration at a much cheaper cost. I am very pleased with the work done by partners Jae Sung and team."
LeeHyunjin, President of Jae Sung Korea said "We are very pleased to tie up with Omega Seiki who are the market leaders in electric 3 wheelers. We have designed our Higo Power trains for India keeping Indian driving conditions in mind. These are integrated design, 20 per cent light weight and have more power than existing powertrains. This makes the vehicle lighter and gives more mileage. We have developed 6 variants from 7KW to 34 KW which we -will bring to our India JV. I am very excited by this alliance."
The electric vehicle manufacturing company aims to fast-track future mobility, with green energy at its core, by implementing data-driven, smart engineering.
