OSM MoU with Jae Sung Tech
Omega Seiki Mobility Pvt. Ltd. (OSM) signed an MoU with Jae Sung Tech Co. Ltd. of Korea. As a part of this partnership, the two companies will be forming a new Joint Venture (JV)OSM JAE SUNG Tech Co. Ltd. The JV company will see the all-electric Ra314 powertrain as the first product and will find its home in the OSM Rage+, by the first quarter of FY2023 (Q1FY2023). The Ra314 will be manufactured by OSM at the Faridabad and across the Pune facility of the group company Omega Bright Steel. Jae Sung brings to the table, years of experience with its technical know-how while OSM will leverage its manufacturing prowess to localise the powertrain. OSM will also be testing and calibrating the Ra314 for typical Indian driving conditions. The Ra314 is claimed to stand out with its 3S build – Silent Drive, Simple Architecture, and Superior Durability. Besides, the new powertrain is IP67 rated including being submerged for 30 minutes. Based on internal testing conducted by OSM and Jae Sung, the new powertrain is claimed to be 30 per cent more efficient and 20 per cent lighter than existing power units doing duty in the electric three-wheelers at the moment. The efficiency is attributed to an integrated motor, gearbox design and light-weighting.