OSM partners Zyngo to deploy 1500 e-cargo vehicles for last mile delivery

Insight Online News /By shivangi

Mumbai, Feb 25 : Electric vehicle manufacturer Omega Seiki Mobility (OSM) on Friday said it has partnered with logistics service provider Zyngo to deploy 1500 e-cargo vehicles for last mile delivery across the country. OSM, a part of the Anglian Omega Group, is planning to deliver nearly 15000 electric vehicles in the last mile sector by the end of FY23, the company said in a statement issued here.

Under the strategic partnership with Zyngo, OSM will deploy its 1500 ‘Rage+’ EVs to cater to the ever-growing demand for last-mile delivery solutions. “Last-mile delivery has seen exponential growth in the last couple of years and is expected to balloon 6 times to over 5,000 million shipments in the next three years.

We at OSM believe associations are the best solution in this cost intensive and cut-throat electric vehicle segment. With partnerships like Zyngo and Magenta we are targeting to deliver over 15000 electric vehicles in the last mile sector by the end of FY23,” OSM Founder and Chairman Uday Narang said.

To cater to this growing demand OSM will be introducing a second shift at its Faridabad mother plant from April 2022 onwards. Speaking on the partnership Prateek Rao, Founder and CEO, Zyngo said, “We are driving ahead the electrification of hyperlocal delivery services across the E-commerce spectrum.

The company aims to deliver 5 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.” He further said that the OSM Rage+ combined with Zyngo’s fully competent and advanced logistics tech platform and fleet management will strive the EV ecosystem and enable faster adoption.

UNI

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