Simple Energy

Could Priority Sector Lending Status For Electric Mobility Charge Up Adoption ?

The electric vehicles have a long way to go to lead the mobility sector in India. One of the major points of delay is the finance for the industry. NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a report in January 2022, titled Banking on Electric Vehicles in India. The report surfaces the need […]

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Simple Energy, C4V will Collaborate to Manufacture Lithium-ion Cells in India

Bengaluru based electric two-wheeler maker Simple Energy has said that it has signed an initial pact with the US-based battery technology firm C4V (Charge CCCV) to establish a Lithium-ion cell manufacturing ecosystem in India. The electric vehicle sector is presently based around lithium-ion battery cells. Simple Energy stated that the cell manufacturing ecosystem will be […]

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Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu

Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […]

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Simple Energy To Produce 1 Million E-scooter Units Annually at TN Plant

Bengaluru-based electric two-wheeler (E2W) maker Simple Energy has announced setting up its new production plant at Hosur, Tamil Nadu. Simple Energy‘s Hosur production plant will be developed around 200,000 sq ft and have a production capacity of up to 1 million units annually. The production plant is also expected to create 1,000 jobs, according to […]

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E2W Firm Simple Energy to Invest Rs 45 Crore on Production Facility

Simple Energy, all set to roll out its maiden electric scooter, is planning to invest around Rs 45 crore in setting up a production facility Bengaluru-based EV start-up Simple Energy, which is all set to roll out its maiden electric scooter in the first half of 2021, is planning to invest around Rs 45 crore in […]

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EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore

Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […]

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