OSM, CABT To Deploy 500 EVs In Last-Mile Delivery Sector

Mobility Outlook Bureau
20 Oct 2022
06:15 PM
1 Min Read

Owing to the low total cost of ownership, the demand for leasing commercial electric vehicles is very robust


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Both companies will expand this partnership to lease 1,500 electric vehicles by the end of 2025

Anglian Omega Group company Omega Seiki Mobility (OSM) and Creativity at Best Technologies (CABT) have announced a strategic partnership for leasing 500 OSM electric three-wheelers to CABT.

Both companies will expand this partnership to lease 1,500 electric vehicles by the end of 2025, noted Uday Narang, Founder and Chairman, OSM.

He said that owing to the low total cost of ownership, the demand for leasing commercial electric vehicles is very robust. It is further fuelled by ambitious electrification targets by large e-commerce companies amid the need for lower emissions, leading to an upsurge in demand of electric vehicles.

With this flag off, CABT Logistics will enable fulfilment support for E-Commerce, B2B, and B2C clients across various industries. The company aims to have at least 200 EVs by the end of 2022, and this partnership with OSM will help meet the desired target.

Shailesh Kumar, Founder, CABT Logistics, said, “This collaboration will not only ensure a strengthened fleet but also help in reducing our clients’ carbon footprint by shifting to OSM’s economical, highly profitable, and less pollutive electric vehicles.'

 

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