ONiON Mobility
ONiON Mobility is a Cambodia-based EV manufacturer and battery-swapping infrastructure operator (founded 2021, subsidiary of MVLLABS Pte Ltd) producing electric two- and three-wheelers, supporting them with a nationwide swapping station network, and integrating with the TADA ride-hailing platform to serve ride-hailing drivers, individual consumers, and commercial delivery operators.
- Company typePrivate
- Founded2021
- HeadquartersPhnom Penh, Cambodia
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
What ONiON Mobility does
ONiON Mobility Co., Ltd. is a Cambodia-based electric vehicle manufacturer and battery infrastructure operator founded in 2021 as a subsidiary of Singapore-headquartered MVLLABS Pte Ltd (MVL). The company designs, assembles, and distributes electric two-wheelers (X-Series: X1 at $699, X3 at $1,199) and electric three-wheelers/tuk-tuks (T-Series: T1, T1A+ at $4,899, T1C+), with a flagship factory inaugurated in May 2022 at the Suvannaphum Special Economic Zone in Kandal Province backed by a $20 million parent investment.
The core technology stack combines swappable battery architecture (delivering sub-five-minute swaps versus 3-4 hour charging), Graphene Silica battery chemistry with claimed five-year lifespan, in-wheel hub motors, and IP67-rated drivetrains. ONiON backs this with a battery swapping station network of 14+ locations across Cambodia, including co-located sites at TotalEnergies and PTT fuel stations, and a 2025-launched EcoSwitch conversion kit that retrofits existing LPG tuk-tuks to electric power.
The company operates a vertically integrated mobility ecosystem under the MVL parent: ONiON vehicles integrate with the TADA ride-hailing platform (zero-commission, also MVL-owned) for ride-hailing drivers, and MVL Chain blockchain provides data infrastructure. Revenue is generated through direct vehicle sales via the Phnom Penh Mega Station, a dealer network in three provinces, mobile app channels, and recurring usage-based revenue from battery swapping services. Customers are primarily Cambodian ride-hailing drivers, individual consumers in the personal mobility segment, and commercial delivery operators.
ONiON Mobility firmographics
Firmographics- Name
- ONiON Mobility
- Legal name
- ONiON Mobility Co., Ltd.
- Website
- https://en.onionev.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ONiON Mobility is a Cambodia-based EV manufacturer and battery-swapping infrastructure operator (founded 2021, subsidiary of MVLLABS Pte Ltd) producing electric two- and three-wheelers, supporting them with a nationwide swapping station network, and integrating with the TADA ride-hailing platform to serve ride-hailing drivers, individual consumers, and commercial delivery operators.
- Ownership category
- akta.pro rank
ONiON Mobility industry classification
Industry- Product category
- Electric Vehicles
- NAICS
- Motorcycle, Bicycle, and Parts Manufacturing (336991), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227)
- SIC
- Motorcycles, Bicycles & Parts (3751), Motor Vehicle Parts & Accessories (3714)
- akta.pro primary industry
- Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB)
- akta.pro secondary industries
- E-scooters & E-mopeds Manufacturing (IMACAOAB), E-Mobility Connectivity, Apps & Anti-Theft Tracking (consumer devices/services) (CRACASAM), E-Mobility Batteries & Swappable Packs (Consumer) (CRACASAI), E-Mopeds & Light Electric Motorbikes (Consumer) (CRACASAG), E-Scooters (Stand-Up) (CRACASAB)
Keywords
Where ONiON Mobility is headquartered
LocationHeadquarters
- HQ city
- Phnom Penh
- HQ country
- Cambodia
- HQ region
- Asia
Offices6 records
Markets served
ONiON Mobility business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Electric Vehicle Sales: ONiON generates primary revenue from selling electric vehicles including two-wheelers (X-Series: X1, X3) and three-wheelers (T-Series: T1, T1A+, T1C+). Vehicles are sold through showrooms, dealers, and the Mega Station. Pricing ranges from $699 for X1 to $4,899 for T1A+.
- Battery Swapping Services: ONiON operates a network of battery swapping stations where drivers exchange depleted batteries for fully charged ones. Stations are available 24/7 with station managers assisting drivers. The service reduces charging time to under 5 minutes and provides cost savings of approximately 20% compared to traditional fuel.
- EcoSwitch Conversion Kit Sales: ONiON offers conversion kits that transform existing LPG tuk-tuks into electric vehicles. This service generates revenue from kit sales and installation while expanding the potential customer base to existing tuk-tuk owners.
- TADA Ride-Hailing Integration: ONiON vehicles integrate with the TADA ride-hailing app, creating a mobility ecosystem. ONiON T1 function launched on TADA app, increasing app orders and providing commercial use cases for ONiON vehicles. Revenue is indirectly generated through increased vehicle adoption driven by ride-hailing demand.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | X3 Electric Motorcycle - $1,199 |
| One time/ perpetual license | Pay-as-you-go | X1 Electric Scooter - Starting at $699 |
| One time/ perpetual license | Pay-as-you-go | T1A+ Electric Three-Wheeler - $4,899 |
| One time/ perpetual license | Pay-as-you-go | X-Series Pricing - Starting at $849 |
| Usage-based | Pay-as-you-go | Battery Swapping - Usage-based service |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
ONiON Mobility product offering
Product offeringCore offering
ONiON Mobility manufactures and sells electric two-wheelers and electric three-wheelers in Cambodia, supported by a proprietary battery swapping station network. Its product portfolio includes the X-Series electric motorcycles/scooters (X1, X3) for individual consumers and the T-Series electric tuk-tuks (T1, T1A+, T1C+) for ride-hailing drivers and cargo operators, complemented by the EcoSwitch conversion kit that retrofits LPG tuk-tuks to electric power.
Product overview
ONiON Mobility is an electric vehicle manufacturer and battery infrastructure company offering a comprehensive e-mobility ecosystem. The product portfolio includes two distinct vehicle series: T-Series (T1, T1A+, T1C+) - electric three-wheelers for ride-hailing and cargo transport; and X-Series (X1, X3) - electric two-wheelers for personal mobility. These products are supported by ONiON Station battery swapping infrastructure and the EcoSwitch conversion kit service. The ecosystem is powered by TADA ride-hailing service integration and MVL Chain blockchain technology.
Differentiator
Problem solved
Functional benefit
Brands
- T-Series: Electric three-wheelers (tuk-tuks) designed for ride-hailing drivers with higher earning potential and cost savings. Includes T1, T1A+, and T1C+ models.
- X-Series
- ONiON EcoSwitch
Products and services
- ONiON T1 Electric Three-Wheeler Entry-level electric three-wheeler (tuk-tuk) with swappable battery, 7.5kWh battery pack, up to 100km range, 9kW peak power motor, and IP67 water resistance; designed for ride-hailing drivers and assembled in Cambodia.
- ONiON T1A+ Electric Three-Wheeler Premium electric three-wheeler with hybrid charging (home charging plus station swap in under 5 minutes), smartphone connectivity, reverse camera, sound system, whisper-quiet motor, and up to 110km range; priced at $4,899 for ride-hailing drivers.
- ONiON T1C+ Electric Cargo Three-Wheeler Cargo-focused electric three-wheeler with 1-ton payload capacity, up to 200km range, 10kW peak power motor, plastic exterior, 2-fork suspension, home-charge capability, and IP67 waterproof rating for all-weather commercial delivery.
- ONiON X1 Electric Scooter Classic-styled electric scooter with 1,500W max motor power, 72V 20Ah battery (lead-acid or Li-ion), digital cluster dashboard, LED headlight, and ultra-low operating cost of approximately $3 per month; priced from $699 for individual Cambodian commuters.
- ONiON X3 Electric Motorcycle Premium electric motorcycle with 2,000W in-wheel hub motor, up to 170km range, Graphene Silica battery (up to 5-year lifespan), CBS and disc brakes, anti-theft system, smart key, USB charger, and reverse/cruise modes; priced at $1,199.
- ONiON Station Battery Swapping Service Network of 14+ battery swapping stations across Cambodia that reduce charging time from 3-4 hours to under 5 minutes, cut fuel costs by approximately 20% versus LPG tuk-tuks, and operate 24/7 with on-site station managers.
- ONiON EcoSwitch LPG-to-EV Conversion Kit Conversion kit and service that transforms existing LPG tuk-tuks into electric vehicles, including high-performance electric motor conversion, fuel and maintenance cost savings, noise reduction, inspection, testing, and continuous customer support.
Quantifiable outcome
- 20% fuel cost savings compared to LPG tuk-tuks ($88/month vs $100-110/month)
- +4 more outcomes
Companies that use ONiON Mobility
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
ONiON Mobility technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
ONiON Mobility partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- PTT (Cambodia) LTDcoreMOU partnership for battery swapping station expansion. ONiON battery swapping hub stations launched at PTT Prek Pnov Station and other PTT stations along National Road 1 and National Road 5. Partnership enables ONiON to leverage existing fuel station infrastructure for EV services.
- CTR CompanycoreMOU signed for Development Project for Micro Electric Cargo Truck with Reuse Battery Packs. CTR Group, represented by Chairman Kang Tae-ryong, committed strategic investment and partnership to develop electric cargo truck solutions.
- TotalEnergies Marketing (Cambodia)coreMOU signed to launch ONiON battery replacement hub stations at two TotalEnergies service stations. Strategic partnership to jointly enhance electric vehicle adoption and clean energy usage in Cambodia.
- TADAcoreONiON is a joint venture with TADA, Cambodia's advanced ride-hailing booking application. ONiON T1 function integrated into TADA app, enabling ride-hailing drivers to use ONiON vehicles. TADA provides zero-commission ride-hailing platform.
- MVL ChaincoreMVL Chain provides blockchain technology powering ONiON's mobility ecosystem. MVL Chain's Mass Vehicle Ledger blockchain system links mobility data and unites mobility-related services. ONiON collects and analyzes platform data to improve products and services.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
ONiON Mobility competitors and assessment
Company assessmentBroad incumbents
- TVS Motor Company: India-based major two- and three-wheeler OEM with strong emerging-market distribution and a growing EV portfolio (iQube). Comparable on affordable commuter motorcycles/three-wheelers targeting similar rider segments as ONiON's X-Series and T-Series.
- Piaggio Group: European-headquartered three-wheeler (Ape) and two-wheeler (Vespa) incumbent with significant SE Asia distribution. Comparable on three-wheeler commercial vehicle positioning and dealer-led GTM, though ICE-centric.
- Honda Motor (Cambodia / ASEAN motorcycles): Dominant ICE motorcycle and three-wheeler incumbent across Southeast Asia; defines the competitive baseline ONiON is displacing in Cambodia with its cost-and-TCO story against Honda's Wave/Dream/BeAT lineup.
Direct peers
- NIU Technologies: China-headquartered global maker of smart electric scooters (N-series, M-series) with strong mass-market positioning, direct e-commerce-led GTM, and app-connected vehicles — the closest global template to ONiON's X-Series two-wheeler strategy.
- Gogoro: Taiwan-based electric scooter OEM and pioneer of large-scale swappable battery networks (GoStations). Most directly comparable to ONiON on the combination of e-scooter manufacturing plus battery-swap infrastructure.
- Yadea Group: World's largest electric two-wheeler manufacturer by volume, selling affordable e-scooters and e-motorcycles across Asia, Europe, and Latin America. Comparable in product, price-tier targeting, and emerging-market expansion thesis.
Emerging players
- Ather Energy: India-based premium electric scooter OEM with vertically integrated manufacturing, proprietary battery/charging solutions, and connected-vehicle app — comparable to ONiON on integrated software/hardware play, though serving a higher-end Indian consumer segment.
- Ola Electric: India-based large-scale electric two-wheeler manufacturer with its own ride-hailing parent (Ola), battery network plans, and aggressive pricing — closely mirrors ONiON's parent-backed ride-hailing plus EV plus battery infrastructure thesis.
Others
- TotalEnergies (EV / mobility services): Strategic partner to ONiON for battery-swap stations at TotalEnergies fuel stations in Cambodia; globally one of the energy majors building adjacent EV charging and mobility infrastructure, and a relevant counterpart/infrastructure peer for ONiON's swap-network model.
Regional players
- VinFast: Vietnam-based EV manufacturer with expanding scooter/e-bike lineup and battery leasing. Most relevant Southeast Asian peer for ONiON, with comparable emerging-market scale ambitions and ecosystem strategy, though broader automotive focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
ONiON Mobility social profiles
Digital presenceONiON Mobility financial estimates
Financial estimateRevenue estimate
Valuation estimate
ONiON Mobility leadership team
Management profileNumber of profiles
Profiles3 records
ONiON Mobility funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ONiON Mobility M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ONiON Mobility
What does ONiON Mobility do?
ONiON Mobility manufactures and sells electric two-wheelers and electric three-wheelers in Cambodia, supported by a proprietary battery swapping station network. Its product portfolio includes the X-Series electric motorcycles/scooters (X1, X3) for individual consumers and the T-Series electric tuk-tuks (T1, T1A+, T1C+) for ride-hailing drivers and cargo operators, complemented by the EcoSwitch conversion kit that retrofits LPG tuk-tuks to electric power.
Is ONiON Mobility a public or private company?
ONiON Mobility is a private company. It is classified as venture growth investor backed and is currently operating.
When was ONiON Mobility founded?
ONiON Mobility was founded in 2021. It employs 11 to 50 people.
Where is ONiON Mobility based?
ONiON Mobility is headquartered in Phnom Penh, Cambodia, in the Asia region.
How does ONiON Mobility make money?
Four revenue lines are on record. Electric Vehicle Sales are the primary driver. The others are battery Swapping Services, ecoSwitch Conversion Kit Sales and TADA Ride-Hailing Integration.
Who are ONiON Mobility's main competitors?
Broad incumbents on record are TVS Motor Company, Piaggio Group and Honda Motor (Cambodia / ASEAN motorcycles). Direct peers are NIU Technologies, Gogoro and Yadea Group. Emerging players are Ather Energy and Ola Electric. TotalEnergies (EV / mobility services) is listed as an others. VinFast is listed as a regional player.
Does ONiON Mobility have an API?
No public API is recorded for ONiON Mobility.
What industry is ONiON Mobility in?
ONiON Mobility's product category is Electric Vehicles. Its primary akta.pro industry code is IMACAEAB, Electric Motorcycles & Electric Scooters Manufacturing, with a secondary code of IMACAOAB, E-scooters & E-mopeds Manufacturing. Its NAICS code is 336991 and its SIC code is 3751.