OSM to build largest 3W manufacturing plant
Omega Seiki Mobility (OSM) plans to build the world’s largest threewheeler plant in India with an investment of USD 250 million. The plant will have an installed capacity of one million EV three-wheelers, tweeted the company. To be built in the state of Karnataka, the megafactory will start production by FY24. The construction of this factory will be completed in three phases. The plant will manufacture the full-fledged range of Omega Seiki Mobility electric three-wheelers, including Rage+, Rage+ RapidEV, Rage+ Frost, Rage+ Swap, and Rage+ Tipper. It is also likely to manufacture an electric threewheeler passenger carrier, OSM Stream, which will be introduced soon. The company, has also recently announced that it plans to foray into the trucks, tractors and drones market.