Omega Seiki Mobility, an electric vehicle company, has partnered Exponent Energy to launch the OSM Stream City Qik electric passenger three-wheeler with Exponent’s 15-minute rapid-charging tech at Rs 3,24,999 (Ex-Showroom).
This makes it the fastest chargeable electric three-wheeler passenger vehicle in the country. The EV comes with a warranty of 200,000 km or 5 years – whichever comes first, paving the way for better financing options and ease in ownership.
Furthermore, as part of its expansion plan Exponent Energy will deploy 100 charging stations in Delhi-NCR and Bengaluru in 2024, while also expanding its network in Chennai, Ahmedabad, Kolkata, and Hyderabad.
The partners state With its 15-minute rapid charging capability powered by Exponent, OSM Stream City Qik drivers can minimise downtime between rides, maximising their efficiency on the road. This feature they claim can empower drivers to complete more trips in a shorter span, significantly boosting their monthly income by a minimum of 30%.
Uday Narang, Founder and Chairman, Omega Seiki Mobility stated, “The OSM Stream City Qik isn’t just a vehicle; it’s a catalyst for economic empowerment. With its 15-minute rapid charging capability powered by Exponent, drivers now have the power to revolutionise their earnings potential. By minimising downtime and maximising efficiency on the road, the Qik ensures that every journey translates into tangible financial gains for our drivers. At Omega Seiki Mobility, we’re not just shaping the future of mobility; we’re empowering drivers to thrive in it. Our commitment to innovation extends beyond technological advancements; it’s about elevating livelihoods, fostering economic independence, and driving positive change in communities. With the OSM Stream City Qik, we’re not just redefining urban transportation; we’re reshaping the landscape of opportunity for drivers across the nation.”
The OSM Stream City Qik powered by Exponent comes with a cutting-edge 8.8 kWh proprietary battery pack. This innovative power source facilitates an impressive ARAI certified range of 126km, which eliminates concerns about range anxiety, enabling drivers to confidently navigate the urban landscape while catering to a wider clientele base.
Arun Vinayak, Co-founder & CEO, Exponent Energy stated, “Exponent is all about unlocking freedom & flexibility so that everyone can go electric seamlessly. On one hand, our 15-minute rapid charging maximises freedom and earnings; on the other hand, a longer battery warranty enables better financing terms and reduces monthly EMIs. This dual benefit of maximum revenue and lower cost unlocks the highest possible profit a user can extract from their Exponent-powered EV compared to any other EV or ICE vehicle. We’re excited to enter the 3W passenger segment with Omega Seiki Mobility and share their vision of economic empowerment through innovation for users.”
The partners state that at present India stands as the global epicentre for passenger three-wheelers, with January 2024 alone witnessing sales surpassing 53,537 units. This burgeoning segment continues its exponential growth trajectory, registering a remarkable 75% year-on-year surge in sales. Projections indicate an unprecedented milestone, with sales anticipated to soar to an all-time high of half a million units in the current fiscal year.
