Aiming to deploy about 1,500 electric cargo vehicles for last-mile delivery across India, the electric mobility startup Omega Seiki Mobility (OSM) on Friday announced its strategic partnership with Zyngo.
A press release from OSM said its Rage+ EVs will further expand Zyngo’s fleet to cater to the demand for last-mile delivery solutions.
Uday Narang, Founder and Chairman, OSM, said, “Last-mile delivery has seen exponential growth in the last couple of years and is expected to balloon six times to over 5,000 million shipments in the next three years. With partnerships like Zyngo and Magenta we are targeting to deliver over 15k electric vehicles in the last mile sector by the end of FY23.”
Prateek Rao, Founder & CEO, Zyngo, said, “We are driving ahead the electrification of hyperlocal delivery services across the E-commerce spectrum. The company aims to deliver about five lakh shipments monthly in the last mile by the next fiscal year. This initiative requires such collaborations to enable the empanelment of the EV ecosystem in the Last mile delivery space.”
The EV startup intends to introduce a second shift at its Faridabad mother plant from April 2022 onwards to cater to the rising demand by e-commerce marketplaces. It currently has a manufacturing facility in Delhi NCR and plans to expand to Pune.