Omega Seiki Mobility, an EV maker company and Log9 Materials, an advanced battery technology startup will jointly invest Rs 150 crore in charging infrastructure by financial year 2024.
The two companies will deploy 10,000 fast-charging Rage+ cargo three-wheelers across tier-II/III markers by FY24 under a strategic collaboration.
Log9 already has a tie-up with OSM for its rapid charging technology, InstaCharge.
Supporting these electric cargo three-wheelers, both the companies will facilitate deployment of InstaCharging stations that can fully charge a 3-wheeler within 35 minutes as compared to up to 3.5 hours taken by conventional electric three-wheelers.
Electric three-wheelers owing to their low-operating and maintenance costs along with zero tail-pipe emissions, make an economically viable and environmentally friendly option for commercial use for these cities.
Log9’s RapidX batteries are built to operate across -30° to 60° C and come with an operational life of 15,000+ cycles.
