Hyderabad, 11th March, 2025: OPG Mobility (formerly known as Okaya EV), a trusted name in the electric mobility sector, has strategically reduced the price of the entire two wheeler scooter barring MotoFaast, Faast F3 under ‘Ferrato’ category, pan India in the second phase of its rebranding. The action stems from the company’s belief in extending cost benefits obtained from suppliers to customers directly, as part of its vision to make electric mobility more affordable and accessible.

To ensure our customers enjoy the benefits of high-performance, safety and robust build quality and sustainable transportation, OPG Mobility has implemented a strategic price adjustment. This move strengthens our competitiveness in the dynamic electric mobility market, making green mobility solutions more accessible. As part of the ‘Make in India’ initiative, OPG Mobility has significantly augmented its production capacities, solidifying the position as one of the leading domestic manufacturers and comprehensive providers of electric mobility solutions, including advanced battery technology.

This initiative underscores OPG Mobility’s unwavering commitment to achieving operational self-sufficiency, a pivotal step in the company’s long-term growth strategy, and supports its expansion of service and dealer base throughout India while offering innovative products at competitive prices.

Mr. Anil Gupta, Chairman, OPG Mobility, commenting on this development, “OPG Mobility is not just committed to ‘Make in India,’ but to ‘Make in India for the World.’ Our strategic price revisions and the MTEKPOWER integration are powerful demonstrations of our dedication to domestic manufacturing and new-age innovation. By directly delivering cost benefits to our customers and providing comprehensive EV solutions, we are taking a step to propel India’s economic growth and lead the global transition to a sustainable future.”

Mr. Anshul Gupta, Managing Director of OPG Mobility, commented on this development, “As we embark on the second phase of our rebranding, OPG Mobility reaffirms its core belief: sustainable mobility solutions should be both affordable and accessible, without compromising innovation or quality. With the strategic inclusion of MTEKPOWER as a sub-brand, we are strengthening our position as a leader in battery technology and energy solutions. By strategically streamlining our supply chain and leveraging improved vendor rates, we’re pleased to directly pass these cost savings on to our valued customers. This initiative not only enhances affordability but also serves as a key driver of India’s ‘Make in India’ vision, boosting local manufacturing and contributing to national economic growth. We understand that our customers are at the heart of our success, and these price adjustments are a direct reflection of our commitment to delivering tangible end benefits.”

He further adds, “Our promise remains to provide high-performance, safety, robust build quality with long-lasting, and technologically superior mobility solutions that empower customers and contribute to a cleaner, greener tomorrow. This is a crucial step in our evolution, demonstrating our dedication to both our customers and the sustainable future of India.”

By focusing on domestic production, OPG Mobility is proactively working towards making India a hub for electric vehicle innovation and manufacturing. This initiative, combined with the strategic acquisition of MTEKPOWER as a sub brand under OPG Mobility, allows the company to offer end-to-end solutions, driving sustainability, economic growth, and national self-reliance.

To deliver a full spectrum of electric mobility solutions, OPG Mobility will utilize three key sub-brands: Ferrato for its two-wheeler range, OTTOOPG for three-wheelers, and MTEKPOWER as its dedicated provider of battery and energy storage technologies

With 40 years of legacy, MTEKPOWER will provide comprehensive energy solutions including energy storage (ESS), EV charging station (EVCS) , and solar systems, alongside Lithium and Lead acid batteries for 2/3Wheelers vehicles, inverters, UPS, chargers, and auto components, driving India’s shift towards a sustainable and electric future. Being part of OPG Mobility, as a sub brand, MTEKPOWER will contribute to strengthening OPG Mobility’s position as a top-tier battery manufacturer in India and a key contributor towards India’s energy transition with its wide range of products and services.

In spite of the price realignment for its 2Wheeler portfolio, OPG Mobility continues its commitment to excellence, safety, and innovation. The Ferrato scooter series is committed to providing superior performance, and feature-packed electric mobility products capable of serving all types of customers.