Omega Seiki Mobility (OSM) on Thursday announced that it has established a strategic partnership with Jae Sung Tech Co, a leading Korean EV powertrain maker, to manufacture electric powertrains in India. As part of this partnership, the two companies will be forming a new JV called OSM Jae Sung Tech Co., and the all-electric Ra314 powertrain will be the first product to power OSM’s Rage+ in Q1 FY23.
A press release from OSM said that the company would manufacture the new Ra314 at its facility in Faridabad and in Pune at its group company, Omega Bright Steel and Components’ facility. Jae Sung will be bringing in its years of experience with the technical know-how, while OSM will be bringing in its manufacturing prowess to localise the powertrain. OSM will also test and calibrate the Ra314 for typical Indian driving conditions.
The Ra314, with its 3S build – silent drive, simple architecture, and durability, is IP-67 rated and will not skip a beat even if submerged in water for 30 minutes. Furthermore, based on internal testing conducted by both companies, the new powertrain is 30% more efficient and 20% lighter than existing power units doing duty in the electric three-wheelers at the moment. This has been made possible with an integrated motor, gearbox design, leading to significant weight saving and improved vehicle efficiency.
Uday Narang, Founder and Chairman, Omega Seiki Mobility,said, “With this JV, I am sure the Rage+ will be an even better value proposition. Not only will the new power unit herald a new era of backward integration, making our products more efficient. We will also utilise Ra314’s integrated and modular architecture to build customised power solutions for other EV makers in India to use, thus helping in faster adoption of electric vehicles in India.”
Lee Hyunjin, CEO, Jae Sung Tech Co., said, “Our overall powertrain architecture and integration was developed with flexibility in mind to allow us to quickly adapt to the ongoing changes and developments in the industry. I am positive that our advanced technologies, strong engineering background, when combined with OSM’s manufacturing expertise in India, will help us to strengthen our partnership and succeed together in this rapidly growing segment.”