Emerging leader in electric vehicle space, Omega Seiki Mobility (OSM) has inaugurated a new EV manufacturing facility at Faridabad (Haryana) at an investment of Rs 75 crore.
The new EV manufacturing facility, which is the company’s third plant at its headquarters city and the fourth in all, will have a capacity to produce 15,000 electric three-wheelers annually, the company said in a statement.
“The launch of our third facility in Faridabad marks another important landmark for Omega Seiki Mobility. We have an order book of 50,000 plus cargo electric three-wheelers and this facility has been set up to meet the growing market demand,” said Uday Narang, Founder and Chairman of Omega Seiki Mobility.
“We have invested USD 50 million in all the three facilities in Faridabad till now and recently inaugurated a manufacturing facility in Pune for producing e-cargo and passenger vehicles. Also, we are receiving good feedback on our e-passenger vehicle and will soon be launching a plant facility in Chennai for electric passenger vehicles,” added Narang.
The plans are to scale up the production to 50,000 units in the next three years by investing another Rs 150 crore.
The new EV manufacturing facility will be manufacturing the entire range of OSM’s cargo electric three-wheeler Rage+ as well as passenger e-three-wheeler, Stream, the company said.
Recently, the company inaugurated a similar facility in Pune (Maharashtra).
This is Omega Seiki’s third manufacturing plant in Faridabad. The first facility, which also houses the company’s R&D centre, cargo three-wheelers with a production capacity of 7,200 vehicles per annum.
The second plant can produce 12,000 electric two-wheelers per annum.