OSM & Log9 To Invest Rs.150 Cr. In Fast Charging Infrastructure

In Clean Fund, Clean News, Electric Mobility, News, Products
log9

Omega Seiki Mobility (OSM) and Log9 Materials have announced a collaboration to deploy 10,000 electric three-wheelers – Rage+ Rapid – across the country in Tier II and III cities/towns. They have announced the deployment of this EV battalion in response to the projected demand for electric 3-wheelers for last-mile deliveries.

Furthermore, brands would support a Rs. 150 Crore investment in fast charging infrastructure by the fiscal year 2024.

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They also intend to empower their fleet partners in Tier II and III cities and towns to be the first adopters and evangelists for innovative EV technology. As the last-mile delivery ecosystem expands by leaps and bounds, transitioning to EVs in Tier II and III becomes a necessity to combat air pollution.

The corporations will also set up InstaCharging stations to help with the deployment. These InstaCharging stations would be able to charge the batteries of these three-wheelers in just 35 minutes.

Reference- Log9 website, OSM website & PR, Times Of India, Money Control, Financial Express

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