Seiki Mobility (OSM) and Bengaluru-headquartered advanced battery technology
startup Log9 Materials, announced a strategic partnership to deploy 10,000
3-wheeler Rage+ and Rapid EV’s in tier II and III markets of India by FY24.
these 3W EV cargo loaders both companies will facilitate deployment of Insta
Charging stations that can charge a 3W completely within 35 minutes, as
compared to up to 3.5 hours taken by conventional 3Ws.
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. Since the beginning of the
COVID-19 pandemic, local restrictions and demand for online shopping has brought
a fundamental shift in shopping behaviour. 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.
Seiki Mobility and Log9 will facilitate Rs 150 crore investment in fast
charging infrastructure across the nation by FY24. Alongside, Log9 and OSM will
also be instituting fleet partners in each of these cities/towns who will be
the first adopters and the ambassadors of EV technologies for their respective
about the partnership Uday Narang, Founder & Chairman, Omega Seiki Mobility
said, “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, 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. E-3Ws, owing
to their low operating and maintenance costs along with zero tail-pipe
emissions, make an economically viable and environmentally friendly option for
commercial use for these cities.”
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