Omega Seiki Mobility (OSM) and MAW Vriddhi Commercial Vehicle, the second largest automobile group in Nepal have entered into a strategic partnership for retailing OSM’s range of made-in-India electric vehicles in Nepal.
As per the understanding OSM vehicles will be sold by MAW Vriddhi Commercial Vehicle in Nepal. In addition, the company's touchpoints will also serve as service centres for the vehicles.
OSM says while EVs have been plying on Nepalese roads for nearly three decades now, they comprise of just about a percent of the total vehicle registrations in the country. As per a survey by the government of Nepal, 80 percent of these were three-wheelers. The association will enable the EV maker to serve Nepal’s customer base which is rapidly looking for a sustainable and a zero emission last-mile transportation solution in the country. To begin with, Omega Seiki Mobility will introduce its Rage Plus electric three-wheeler vehicle: Rage Plus, Rage Plus Rapid, Rage Plus 125, Rage Plus FROST and ADM Rexa exclusively to MAW Vriddhi Commercial vehicle.
Uday Narang, founder and chairman, Omega Seiki Mobility said, “India and Nepal are two close allies and our respective governments have always worked towards the betterment of the delicate Himalayan ecosystem. Taking this a step further, I am very excited to announce OSM’s association with MAW Vriddhi Commercial Vehicle, which is one of the largest CV players in Nepal. The alliance will allow us to expand our partnership to help businesses enhance their profitability who are trying to earn to switch to sustainable last-mile transportation. This is also a major step in OSM’s attempt to take Indian manufacturing to the global map.”
Vivek Sikaria, MD, MAW Vriddhi Commercial Vehicle said, “We continue to expand our partnership with large electric vehicle manufacturers in a bid to make it easier for auto rickshaw drivers to shift to economical, highly profitable, and less pollutive vehicles in Nepal. Hope to have a long and fulfilling relationship with Omega Seiki Mobility.”
Vivek Dhawan, director – Marketing, Sales, and Service at Omega Seiki Mobility said, "With electrification happening fast in automotive markets globally, we believe there will be a disruption and demand shift especially in the electric three wheeler segment in Nepal. An alliance with MAW Vriddhi Commercial Vehicle will be a great value proposition for OSM in tapping the country’s automotive market.”
MAW Vriddhi is a joint venture between MAW and Vriddhi Group of companies which is involved in commercial vehicle business. The company was established in 1964 and is the second largest automobile group in Nepal. With more than 17 brands, its employees more than 1,000 people with more than 265 touchpoints. Vriddhi Group of companies has a diverse portfolio which includes manufacturing, trading, real estate, and automobiles.