Omega Seiki Orders Li-ion Batteries from US Firm C4V

New Delhi-based EV maker Omega Seiki Mobility has selected US technology provider C4V to source 1.16 gigawatt hours of next-generation high performance lithium-ion batteries from its cell manufacturing joint ventures to empower the future of e-mobility in India.

C4V’s battery solutions is based on the technology that eliminates the need for cobalt and nickel, enabling a high performing, cost effective, safe and environment-friendly energy storage offering, says the company.

Commenting on the occasion, Clifford Olin, C4V Chief Business Development Officer, said, “We are proud of our association with Omega Seiki Mobility for this essential supply line project that will power their high quality Electric Vehicles for years to come.”

“Due to lowering battery prices and emerging industries such as electric vehicles and energy storage systems (ESS), lithium-ion batteries are getting a lot of traction in the industry. To make EV a resilient sector, We at C4V are focussed on strengthening the Indian market with updated and innovative technology solutions.”

C4V is currently part of iM3NY and iM3TSV two Gigafactories being set up in New York USA and Townsville Australia respectively. Part of this contract is also expected to be fulfilled by iM3NY.

“In the constant endeavour to support the GOI in moving towards green environment and policies, C4V has recently signed a MOU with the Karnataka Government for proposed li-ion cell manufacturing joint venture, with an investment size of Rs 4,015 crore. This further provides evidence of our strong commitment to support domestic manufacturing of lithium-ion battery cells in India,” said Kuldeep Gupta, C4V VP of strategic Partnerships.

Mr. Uday Narang, Founder, Omega Seiki Mobility said “We are excited to enter into a long-term supply agreement with our partner C4V. With this association we will not only be able to deliver the latest battery technology but also help us in reducing the cost of battery thus our vehicles. Besides, C4V’s upcoming facility in India will also help us increase our levels of indigenisation even further. I am sure Omega Seiki Mobility is all set to revolutionise the India electric vehicle market with these new C4V batteries.”