Uday Narang, Founder and 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 ".
iM3NY is a leading player in Li-ion batteries in the USA. Founded by a group of companies including C4V, Magnis Energy Technology, and others, and led by ex-Tesla employee Chaitanya Sharma, iM3NY operates a Gigafactory in upstate New York. The company targets both the ESS and EV markets. iM3NY Li ion cells utilize a cutting edge and differentiated technology known as Bio mineralized Lithium Mixed Metal Phosphate (BM-LMP). This chemistry touts a number of advantages over typical LFP chemistries, from increased energy density to improved cycle life. This will translate to better-performing packs for EV applications.
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 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 pointed out "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".
Jae Sung Tech Korea is a leading design and product development company in South Korea. They specialise in system design and integration of power trains for various categories of EVs starting from golf carts to cars. Lee Hyunjin, 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% 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 ".