Omega Seiki Mobility to Launch Hydrogen-Powered Three-Wheelers in India
Key Ideas
- Omega Seiki Mobility (OSM) is partnering with Systemics to produce hydrogen-powered three-wheelers capable of covering 700 km with a two-kg hydrogen cylinder.
- The company plans to use its existing facilities in Faridabad and set up a new plant near Chennai for manufacturing and export purposes.
- Initial market launch will be in Karnataka, with plans to expand to other states. Hydrogen's potential as a sustainable energy source is highlighted by OSM's Chairman, Uday Narang.
- In addition to the hydrogen initiative, OSM is raising Series B funding to support its business expansion plans.
Omega Seiki Mobility (OSM), an electric vehicle (EV) company in India, is venturing into the hydrogen-powered vehicle market by producing three-wheelers powered by hydrogen. OSM has partnered with Systemics to establish Hydrogen Intelligence, a joint venture focused on developing hydrogen-powered three-wheelers capable of covering long distances with a two-kg hydrogen cylinder. The vehicles have already undergone successful testing in Le Mans, France, covering 708 km in 24 hours. The fuel cell technology in these three-wheelers functions akin to a battery but generates continuous electricity, offering promising potential for sustainable transportation. OSM is utilizing its existing production facilities in Faridabad and is in the process of setting up a new plant near Chennai to manufacture these hydrogen-powered vehicles for both the domestic and export markets. The company's optimistic Chairman, Uday Narang, emphasized the cost-efficiency and environmental benefits of hydrogen as a viable energy source, highlighting the vehicles' capability to travel over 700 km with a quick recharge using relatively low-cost hydrogen. OSM's strategic plan includes the initial launch of these vehicles in Karnataka, followed by expansion into states like Kerala, Tamil Nadu, Telangana, and Andhra Pradesh. Alongside the hydrogen initiative, OSM is actively seeking Series B funding to support its ambitious business expansion plans, indicating a strong commitment to growth and innovation in the Indian EV market.