CURRENT AFFAIRS

Detailed explanation-1: -Telangana is on course to play host to the world’s largest electric three-wheeler plant with the California-based Biliti Electric Inc announcing on Tuesday plans to set up a factory, in phases, to produce 2.40 lakh EVs a year in the State.

Detailed explanation-2: -Omega Seiki Mobility plans to manufacture 1 million electric-3-wheelers every year, invests $250 mn for new plant. Homegrown electric vehicle manufacturer Omega Seiki Mobility (OSM) is planning to set up the world’s largest electric three-wheeler manufacturing plant in Karnataka with an investment of $250 million.

Detailed explanation-3: -Biliti Electric Inc (Biliti), based in California, United States of America, has announced its intention to establish the world’s largest electric three-wheeler manufacturing facility in Telangana.

Detailed explanation-4: -Headed by Rahul Gayam, a Hyderabad-origin entrepreneur, Biliti Electric’s Telangana factory aims to become the world’s largest electric three-wheeler factory. The company presently manufactures its electric three-wheelers through an exclusive manufacturing partnership with the Hyderabad-based Gayam Motor Works (GMW).

Detailed explanation-5: -On World EV Day, Omega Seiki Mobility (OSM) today launched the Vicktor electric three wheeler at a starting price of Rs 5 lakh (ex-showroom, New Delhi) for the first 100 customers. The OSM Vicktor bookings start from today at an initial amount of Rs 9,999 at OSM dealerships. Deliveries will begin from November 2022.