New Delhi, Electric vehicle maker Omega Seiki Mobility (OSM) on Friday launched Stream City QQ, a passenger electric three-wheeler that can be charged in 1 minute.

According to a company release, the vehicle is priced at Rs 3,24,99 (ex-showroom) and comes with a warranty of 2 lakh kilometers or 5 years, whichever is earlier. It has a proprietary battery pack of 8.8 kWh.

“OSM Stream City Quick is not just a vehicle; it is a catalyst for economic empowerment. With its 15-minute rapid charging capability powered by Exponent drivers now have the power to revolutionize their earning potential,” said Uday Narang, Founder and President Omega Seiki Mobility said.

Narang said the company is expecting EBITDA (earnings before interest, taxes depreciation and amortization) to be positive in the current financial year due to higher vehicle sales.

Currently, Exponent's rapid charging network is available in six Indian cities.

“OSM Stream City To ensure a seamless experience for Qik users, Exponent will launch 100 charging stations in Delhi-NCR and Bengaluru in 2024 and expand its network presence in Chennai, Ahmedabad, Kolkata and Hyderabad,” the release said. will increase."

Omega Seiki is a leading player in the electric vehicle segment and Exponent Energy offers various charging facilities for electric vehicles.