Latest news with #OSM
Hi Dubai
a day ago
- Automotive
- Hi Dubai
Omega Seiki Mobility to Invest AED92 Million in EV Assembly Plant at Dubai's Jafza
Omega Seiki Mobility (OSM), a leading Indian electric vehicle manufacturer, has announced the launch of its first overseas electric vehicle assembly plant in Dubai's Jebel Ali Free Zone (Jafza), committing AED92 million (US$25 million) over the next five years. The move aims to accelerate the company's global expansion and meet rising demand for low-emission transport in the Middle East and Africa. Covering 42,000 square feet, the facility will assemble OSM's range of electric two- and three-wheelers and serve as a storage and distribution hub for auto components and spare parts. Operations are expected to begin by the end of 2025, with the initial phase creating over 100 jobs. Strategically positioned to serve export markets, the plant will enhance UAE-India trade ties in clean technology. Abdulla Al Hashmi, COO of Parks & Zones at DP World GCC, said: With the MENA EV market projected to reach US$14.5 billion by 2029, this facility brings innovative mobility solutions closer to the region and underlines Dubai's role as a global hub for the automotive sector. OSM Founder and Chairman Uday Narang described the launch as a significant milestone, highlighting Jafza's connectivity to over two billion consumers and its enabling business environment. He added that the company's goal is to make clean mobility accessible and commercially viable for partners across the region. While OSM's immediate focus is on EVs, the company also plans to introduce CNG-powered models for select African markets as a transitional clean fuel option. Its flagship products, the OSM Rage+ cargo three-wheeler and OSM Stream passenger vehicle, offer ranges of up to 270 km, fast-charging and battery-swapping capabilities, and IoT-based fleet management features. With more than 160 dealerships in India and over 20,000 vehicles on the road, OSM is positioning Dubai as its global launchpad for clean transport solutions, reinforcing the emirate's role in shaping the region's sustainable mobility future. News Source: Emirates News Agency
Arabian Business
2 days ago
- Automotive
- Arabian Business
India's Omega Seiki Mobility invests $25m to launch first EV assembly plant in Dubai
Omega Seiki Mobility (OSM), a leading Indian electric vehicle manufacturer, has announced plans to open its first international electric vehicle assembly plant in Jebel Ali Free Zone (Jafza), Dubai, investing AED92m ($25m) over the next five years to accelerate global expansion and meet rising demand for low-emission transport across the region. The 42,000 sq ft facility — Jafza's first EV assembly plant — will assemble OSM's range of electric two- and three-wheelers, while also managing storage and distribution of auto components and spare parts. Operations are expected to begin by the end of 2025. Omega Seiki Mobility EV plant in Dubai Strategically positioned to serve export markets across the Middle East and Africa, the plant will create more than 100 jobs in its initial phase and further strengthen UAE–India trade in clean technology. Abdulla Al Hashmi, COO, Parks and Zones, DP World GCC, said: 'More manufacturers are turning to Jafza to tap high-growth markets across the Middle East, Africa and beyond. 'With the MENA EV market projected to reach $14.5bn by 2029, driven by supporting government policies, rising demand and expanding infrastructure, this facility brings innovative mobility solutions closer to the region and underlines Dubai's role as a global hub for the automotive sector.' Uday Narang, Founder and Chairman of Omega Seiki Mobility, said: 'This launch is a proud moment for us and fitting that it comes on Indian Independence Day. Jafza gives us unmatched connectivity to more than 2bn consumers and a business environment that enables speed, scale and sustainability. 'Through Dubai, we aim to make clean mobility accessible and commercially viable for partners across the Middle East and Africa.' While the company's immediate focus is on EVs, OSM also plans to roll out CNG-powered models in select African markets, citing the fuel's practicality as a transitional clean energy option until EV infrastructure matures. OSM's product range includes the OSM Rage+ cargo three-wheeler and the OSM Stream passenger model, both offering ranges of up to 270 km, fast-charging and battery-swapping capabilities, and IoT-enabled fleet tracking and optimisation. With more than 20,000 vehicles already on Indian roads and more than 160 dealerships, OSM will use Dubai as a global launchpad for its clean transport solutions.
Zawya
2 days ago
- Automotive
- Zawya
India's Omega Seiki Mobility sets up e-vehicle assembly plant in Jafza
Omega Seiki Mobility (OSM), a leading Indian electric vehicle manufacturer, has launched its first international electric vehicle assembly plant in Jafza, planning to invest $25 million (AED 92 million) over the next five years to accelerate its global expansion and meet rising demand for low-emission transport in the region. Spanning 42,000+ sq ft, the first EV plant in Jafza will assemble OSM's range of electric two-and three-wheelers as well as handle storage and distribution of auto components and spare parts. The facility is expected to commence assembly by the end of 2025. Strategically positioned to serve export markets across the Middle East and Africa, the plant will create over 100 jobs in its initial phase and strengthen UAE-India trade in clean technology. Abdulla Al Hashmi, COO, Parks & Zones, DP World GCC, said: 'More manufacturers are turning to Jafza to tap high-growth markets across the Middle East, Africa and beyond. With the MENA EV market projected to reach $14.5 billion by 2029, driven by supporting government policies, rising demand and expanding infrastructure, this facility brings innovative mobility solutions closer to the region and underlines Dubai's role as a global hub for the automotive sector.' Uday Narang, Founder and Chairman of Omega Seiki Mobility, said: 'This launch is a proud moment for us and fitting that it comes on Indian Independence Day. Jafza gives us unmatched connectivity to more than 2 billion consumers and a business environment that enables speed, scale and sustainability. Through Dubai, we aim to make clean mobility accessible and commercially viable for partners across the Middle East and Africa.' While OSM's immediate focus is on electric vehicles, they also plan to introduce CNG-powered models for select African markets, recognising that in many regions CNG offers a practical clean-fuel bridge until EV infrastructure matures. OSM's product line includes the three-wheeler cargo OSM Rage+ and three-wheeler passenger OSM Stream, offering a range of up to 270 km, fast-charging and battery-swapping capabilities, as well as IoT technology that allows real-time tracking and fleet optimisation. With 160+ dealerships in India having sold over 20,000 vehicles already on Indian roads and certifications from key testing authorities like ICAT and ARAI, OSM is using Dubai as its global launchpad for clean transport solutions, the company said. - TradeArabia News Service Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
The Hindu
2 days ago
- Automotive
- The Hindu
Omega Seiki Mobility plans to invest $25 million in plant at Jafza, Dubai
Omega Seiki Mobility (OSM), an Indian electric vehicle manufacturer, said it has set up its first international electric vehicle assembly plant in Jafza and would invest $25 million (AED 92 million) over the next five years to accelerate its global expansion and meet rising demand for low-emission transport in the region. Spanning over 42 000 square feet, the first EV plant in Jafza will assemble OSM's range of electric two-and three-wheelers as well as handle storage and distribution of auto components and spare parts, the company said. The facility is expected to commence assembly by the end of 2025. The plant will create over 100 jobs in its initial phase, it added. Abdulla Al Hashmi, COO, Parks & Zones, DP World GCC, said, 'More manufacturers are turning to Jafza to tap high-growth markets across the Middle East, Africa and beyond.' 'With the MENA EV market projected to reach $14.5 billion by 2029, driven by supporting government policies, rising demand and expanding infrastructure, this facility brings innovative mobility solutions closer to the region and underlines Dubai's role as a global hub for the automotive sector,' he said. Uday Narang, Founder and Chairman of Omega Seiki Mobility, said, 'Jafza gives us unmatched connectivity to more than 2 billion consumers and a business environment that enables speed, scale and sustainability.' 'Through Dubai, we aim to make clean mobility accessible and commercially viable for partners across the Middle East and Africa,' he said. While OSM's immediate focus is on electric vehicles, it also plans to introduce CNG- powered models for select African markets.
Time of India
2 days ago
- Automotive
- Time of India
Omega Seiki Mobility to invest $25M in Dubai EV plant: Location, timeline & more
Electric vehicle manufacture Omega Seiki Mobility has marked a significant milestone in its global expansion with the opening of its first overseas assembly facility in Dubai's Jebel Ali Free Zone (Jafza). The company has committed an investment of USD 25 million (around AED 92 million) over the next five years to establish the plant, which will cater to the growing demand for clean mobility solutions in the Middle East and Africa. Spread across more than 42,000 square feet, the new facility will not only assemble OSM's portfolio of electric two- and three-wheelers but will also handle the storage and distribution of spare parts and automotive components. The plant is expected to begin operations by the end of 2025 and will create over 100 jobs in its first phase. Its strategic location in Dubai will give OSM access to over two billion consumers across the Middle East and African markets, while also boosting UAE-India trade in the clean-tech sector. Skoda Kylaq's Automatic: Smooth, Quick, and Fun! #skoda #skodakylaq #BrandedContent While the company's primary focus remains on electric vehicles, OSM also plans to introduce CNG-powered models for select African countries. The move reflects the company's understanding that in many regions, CNG can serve as a practical clean-fuel bridge until EV charging infrastructure is more widely available. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Redefine Your Future with a Top Online MBA SRM Online Enquire Now Undo OSM's current product line includes the Rage+ three-wheeler cargo carrier and the Stream passenger three-wheeler, both offering up to 270 km of range. The vehicles come with features like fast charging, battery-swapping technology , and IoT-enabled real-time tracking for fleet optimisation. The company has a strong presence in India with more than 160 dealerships and over 20,000 vehicles already on the road.
