Omega Seiki Places INR 50 Crore Order with Ergon Labs for Integrated Power Converters • EVreporter

Ergon Labs announced a strategic partnership with Omega Seiki Pvt. Ltd. (OSPL) to launch IPC technology. As part of the collaboration, OSPL will be the first OEM to use Ergon’s cutting-edge Integrated Power Converter (IPC) in its electric three-wheelers, beginning with the L5 segment and has placed a ₹50 crore order to support the production of upcoming variants. Bangalore-based Ergon Labs is an upcoming player in light EV powertrain technology.

The partnership also includes an investment by Mr. Uday Narang, Founder and Chairman of OSPL, in Ergon Labs. As part of the agreement, Mr. Narang will join Ergon’s advisory board.

Ergon’s Integrated Power Converter (IPC) combines the on-board charger and motor controller into a single compact unit. The solution will enable 17° gradeability with extended peak torque, 50% faster charging on standard 15A sockets, and 30% lower system cost, according to a press release. The IPC has completed over 50,000 km of on-road testing, with full certification expected within a month.

Deployment of 2,000 vehicles with IPC technology is scheduled across India in FY26, starting with the L5 Passenger segment, driven by demand from aggregators like Rapido, Ola, and Uber. The companies are also co-developing a high-performance L5 Cargo EV with 500+ kg payload and 30% gradeability, aimed at replacing diesel vehicles in markets like Kerala and the North East.

Ashwin Ramanujam, CEO of Ergon Labs, commented: “This partnership with Omega Seiki is a pivotal milestone in Ergon’s mission to bring breakthrough innovations in light EV powertrains to market. OSM’s vehicles will see meaningful improvements in gradeability, payload capacity, and charging reliability — all enabled by deep component integration at both hardware and software levels. This moment represents the culmination of three years of relentless product development by our engineering team. More importantly, it sets the stage for our next major innovation: one-hour home charging for two-wheelers, launching in 2026.”

Mr.Uday Narang, Founder and Chairman, Omega Seiki Pvt. Ltd., said: “After over three decades of bold investments across global financial markets, I returned to India with a mission to drive environmental and economic impact through engineering-led innovation. Omega Seiki Pvt. Ltd. was born out of that vision. My investment in Ergon is a continuation of this commitment. From my first conversation with Ashwin to witnessing their technology’s performance first-hand, it was clear that Ergon brings world-class engineering to India’s EV ecosystem. I’m excited to partner with this exceptional team and bring their breakthrough product to market.”