In India, the last-mile logistics sector in the e-commerce industry is anticipated to increase by 9 times to USD 5.23 billion by 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 Tier III cities. For small loads, 3W goods vehicles are becoming a preferred choice for last-mile delivery.
Omega Seiki Mobility and Log9 will facilitate 150 Crore investment in Fast Charging infrastructure in India by FY24. Moreover, Log9 and OSM will 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 markets.
Talking about the partnership, Uday Narang, Founder & Chairman of 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 is 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.”
Further he added, “Our collaboration with Log9 is a major step in this direction. The company has a strong background of modern cell technologies and EV battery solutions to ensure optimum range, rapid charging and hence enhanced productivity which will play a pivotal role in making OSM Rage+ Rapid EV India’s most loved electric three-wheeler.”
Vivek Dhawan, Director-Marketing, Sales and Service of Omega Seiki Mobility said, “We are pleased to extend our partnership with Log9 which has been a consistent performer in the Electric Vehicle Technology market. We are looking towards developing a cohesive ecosystem for the sector and EV users across the country.”
Akshay Singhal, Founder & CEO of Log9 Materials said, “We firmly believe that India’s vision to turn into a fully EV-led nation by 2030 cannot be met unless the Tier II and III cities and towns join the movement and add further fuel to the nation’s e-mobility and clean energy transition. Thus, with guaranteed Power, Performance and Peace of Mind for the end-users and other stakeholders, Log9 and OSM are committed to bring about the EV revolution in Bharat.”
The company states that Log9 has leveraged its cell-to-pack competency to develop its InstaCharge batteries that provide 9x faster charging, 9x better performance, and 9x battery life. Log9’s InstaCharge technology brings down the total charging time which further optimizes the utilization of charging infrastructure and operational profitability for fleets. In addition, Log9’s RapidX batteries are built to operate across -30° to 60° C and come with an operational life of 15,000+ cycles, as per company claims.