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Simple Energy (vehicle company)

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Simple Energy (company)
Company typePrivate
Founded2019; 6 years ago (2019)
FounderSuhas Rajkumar
HeadquartersBangalore
Area servedIndia
Products
Websitesimpleenergy.in

Simple Energy is an electric vehicle (EV) start-up based in Bangalore, India, founded by Suhas Rajkumar in 2019. It is headquartered in Bangalore, India.

History

Simple Energy produced its first electric scooter in 2019, followed by their main product, Simple One, in 2023.

The company opened a new manufacturing facility in Shoolagiri, Tamil Nadu, in January 2023. It had a round of fund raising in July 2024.

References

  1. ^ Auto, HT (5 May 2023). "Simple Energy starts rolling out Simple One electric scooters ahead of launch". HT Auto.
  2. ^ "Inside Simple Energy's strategy to conquer the premium electric 2-wheeler market". Business Today. 10 June 2023.
  3. ^ "Simple Energy projects Rs 1,600 crore revenue for FY24: CEO Suhas Rajkumar - CNBC TV18". CNBCTV18. 21 July 2023.
  4. "Simple Energy raises $20 million in Series A to scale up production and expand national footprint - CNBC TV18". CNBCTV18. 29 July 2024.
  5. Mint, Live. "Simple Energy to bring two new affordable e-scooters in next quarter: Details".
  6. Banerjee, Avishek. "No plan to go for sub-Rs 1 lakh electric scooters, says Simple Energy founder & CEO".
  7. "Simple Energy - Company Profile - Tracxn". tracxn.com. 30 October 2024.
  8. Upadhyay, Harsh. "EV scooter maker Simple Energy raises $20 Mn in bridge round". entrackr.com.
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