Electric Vehicle (EV) Manufacturer Omega Seiki Mobility Pvt. Ltd. said it will move into manufacturing 1.5, 3.5 and 6.5 ton capacity e-trucks, e-drones and e-tractors to expand its product offering. The company is also working on a line of high-speed scooters and e-rickshaws, said founder and chairman Uday Narang.
The company currently manufactures seven EV models, including five three-wheeler models and two two-wheelers.
“We want to become a global manufacturer of electric freighters,” said Mr. Narang in an interview. “We will introduce artificial intelligence and robotics to bring the latest manufacturing equipment to India,” he added.
The company produces electric vehicles in two units in IMT Faridabad. In this quarter it will set up another plant in Faridabad. Its facilities have a capacity of 12,000 units per month and there are plans to increase it to 20,000 units. The company is also setting up manufacturing facilities in Pune, Chennai and Andhra Pradesh, Mr Narang said.
In September 2020, the company unveiled the M1KA electric Small Commercial Vehicle (SCV) prototype, which is now ready for commercial production and delivery.
“We are investing up to US$300 million in the electric light commercial vehicle business and plan to introduce electric trucks with various payload capacities in the domestic market for the logistics sector,” said Mr. Narang.
The company plans to launch a 3.5-ton electric truck with a range of 200 km per charge with the possibility of fast charging within 20 minutes.
The company said it would gradually move into manufacturing heavy-duty electric trucks as well. The company will initially assemble the trucks at its Chakan plant in Pune. E-trucks are also manufactured in Andhra Pradesh, where the company has acquired land.
“We will change the face of mobility in the middle and last mile category. We are venturing into trucking as a service and striving to gain the first mover advantage,” said Mr. Narang.
He said the company’s drone technology will come from its joint ventures in Korea. Its e-drones are used in logistics.
“We want to be a total solution provider. Drones and our electric cargo vehicles will work together and change the face of mobility fabric in India. We will use the technology in agriculture or in food and medical care. it will prove game-changing for India,” said Mr. Narang.
The company plans to invest US$15-20 million in this project and the products are expected to be available in the market by the end of 2022.
Mr Narang said the company’s e-tractors are currently being tested at OSM’s international R&D center in Thailand. The plan is to introduce the tractors by the end of 2022.
“We will also offer tractors for leasing. We believe that agriculture and farming is the heartbeat of India. We aim to bring a brighter future to the agricultural industry by introducing products such as tractors and drones that make farming cost-effective and sustainable,” added Mr. Narang.