New OSM EV manufacturing unit

Omega Seiki Mobility (OSM) has announced its new Electric Vehicle (EV) manufacturing unit for India and exports at Chakan, Pune. With an initial investment of Rs.40 crore (USD five million), the facility will have a capacity of producing 6,000 electric three wheelers per annum. The company will be investing another Rs.150 crore (USD 20 million) in the next three- years for an annual capacity of 30,000 electric three-wheelers. After commencing work at the new facility, OSM has rolled off the first unit of Rage+ off the production line at the Pune plant. OSM will be manufacturing its cargo electric vehicle range: Rage+, Rage+ Rapid, Rage+ Frost and Rage+

Swap and electric people mover ‘Stream’ at the Pune facility. The facility is expected to generate employment for 250 plus people.