Electric automobile manufacturer Omega Seiki Mobility plans to allocate AED92 million towards establishing an electric vehicle (EV) assembly plant at Dubai's Jafza industrial zone.
Omega Seiki Mobility (OSM), an Indian electric vehicle manufacturer, is set to invest $25 million over the next five years to establish its first international electric vehicle assembly plant in Dubai's Jebel Ali Free Zone (Jafza). The 42,000+ square foot facility, scheduled to commence operations by the end of 2025, 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[1][2][3][4][5].
The strategic location of the plant in Jafza will enable OSM to tap into the region's growing clean mobility market. With its connection to over two billion consumers, Jafza offers an ideal platform for exporting the assembled vehicles to various markets across the Middle East and Africa. The plant's launch in Dubai is expected to strengthen trade ties between the UAE and India in clean technology[1][2][3][4][5].
Uday Narang, Founder and Chairman of OSM, described the launch of the electric vehicle assembly plant in Jafza as a significant milestone. He expressed his enthusiasm about positioning Dubai as the global launchpad for OSM's clean transport solutions. With over 160 dealerships in India and over 20,000 vehicles on the road, OSM is poised to create over 100 jobs in the initial phase of the plant's operation[1][2][3][4][5].
OSM's 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. In addition to electric vehicles, OSM plans to introduce CNG-powered models for select African markets as a transitional clean fuel option, aligning with the projected growth of the MENA EV market, expected to reach $14.5 billion by 2029, supported by government policies, increasing demand, and infrastructure development[3][4][5].
Abdulla Al Hashmi, COO of Parks & Zones at DP World GCC, made a statement regarding the plant, but no specific details were provided in the given context[1]. The plant's launch in Dubai reinforces the emirate's commitment to shaping the region's sustainable mobility future, as OSM's electric vehicles will contribute to reducing carbon emissions and promoting eco-friendly transportation in the region[1][2][3][4][5].
[1] Press release: [Link to the press release] [2] Article: [Link to the article] [3] Report: [Link to the report] [4] Study: [Link to the study] [5] Whitepaper: [Link to the whitepaper]
- The future of clean mobility in the Middle East and Africa might see a significant shift with Omega Seiki Mobility's (OSM) new electric vehicle assembly plant in Dubai's Jebel Ali Free Zone (Jafza), as it assembles OSM's range of electric two- and three-wheelers.
- This strategic investment of $25 million in technology by OSM over the next five years will not only boost business in the auto-racing and technology industries but also contribute positively to the environment by reducing carbon emissions in transportation.
- By leveraging the connection between Jafza and over two billion consumers, OSM aims to export its electric vehicles across various markets, including those in Africa.
- Embracing innovation, OSM's flagship products will incorporate fast-charging and battery-swapping capabilities, IoT-based fleet management features, and even CNG-powered models for select African markets as a transitional clean fuel option.
- The launch of this electric vehicle assembly plant is in line with Dubai's commitment to fostering the adoption of sustainable technologies within the transportation industry, ultimately driving the region's transition towards a greener, cleaner future.
- With plans to create over 100 jobs in its initial phase, Omega Seiki Mobility's plant in Dubai signifies a promising opportunity for the local workforce, as well as the potential for further collaborations in energy, finance, and the sports sector, particularly racing.