Ergon Labs and Omega Seiki Ink ₹50 Crore Deal to Launch IPC Technology in Electric Three-Wheelers

Key Highlights:

• OSPL placed a ₹50 crore order for Integrated Power Converter (IPC) technology.
• The IPC combines the charger and motor controller.
• First rollout includes 2,000 electric L5 passenger vehicles in FY 2026 across India.
• OSPL Chairman Uday Narang invested in Ergon Labs and joined its advisory board.
• A new L5 Cargo EV is being developed to carry over 500 kg and replace diesel cargo vehicles.

Ergon Labs and Omega Seiki Private Limited (OSPL) have joined forces in a new partnership to bring advanced technology to electric three-wheelers in India. The agreement includes a ₹50 crore order for Ergon Labs' Integrated Power Converter (IPC) technology, which OSPL will use in its vehicles, starting with the L5 passenger segment.

IPC Technology Overview

The IPC technology combines the charger and motor controller into one unit, offering benefits like 30% better hill-climbing ability, 50% faster charging, and 30% lower costs compared to traditional systems. This innovation is expected to make electric three-wheelers more efficient and affordable in India.

Strategic Partnership

As part of the deal, Uday Narang, OSPL’s Founder and Chairman, will invest in Ergon Labs and join its advisory board. The financial details of the investment were not shared. The partnership aims to roll out 2,000 IPC-equipped vehicles across India in 2026, focusing on the L5 passenger market. L5 passenger vehicles are growing due to demand from ride-hailing services like Rapido, Ola, and Uber in cities and smaller towns.

Leadership Insights:

Ergon Labs’ CEO, Ashwin Ramanujam, called the partnership a major step toward improving light electric vehicle technology. The company has tested its technology over 50,000 kilometers on roads and expects to complete certification within a month.

The two companies are also working on an L5 cargo vehicle capable of carrying over 500 kg, aimed at replacing diesel vehicles in cargo transport. This move aligns with India’s push for electric vehicles to cut pollution and reduce reliance on imported fuel. Electric three-wheelers in India are gaining popularity, especially for commercial use, due to their lower operating costs.

About Omega Seiki Private Limited

Omega Seiki Private Limited, part of the Anglian Omega Group, is a leading Indian electric vehicle manufacturer specializing in sustainable mobility solutions. Focused on electric three-wheelers and light commercial vehicles, the company offers innovative passenger and cargo models like the M1KA series. With strategic partnerships, such as with Ergon Labs and Exponent Energy, Omega Seiki enhances EV technology, targeting affordability and efficiency. Headquartered in New Delhi, it aims to expand globally, with plans to enter West Asian and African markets, contributing to India's green mobility revolution.

Also Read: Omega Seiki Mobility and Naari Shakti Trust Launch Pink Electric Autos for Women Drivers

CMV360 Says

Ergon Labs focuses on engineering solutions for light electric vehicles, while Omega Seiki, part of the Anglian Omega Group, is a key player in India’s electric three-wheeler market, offering vehicles for both passengers and cargo. This partnership marks a significant step in making electric vehicles more practical and widespread in India.