Simple One Updates

Tuesday, 13 August 2024 02:52 PM Simple Energy is set to open six new showrooms across India, including locations in Vijayawada, Bangalore, Pune, and Goa, as part of its retail expansion. These showrooms, known as Simple Stores, will offer an experience-led environment where customers can interact with the companys electric scooters, such as the Simple One and Simple Dot One. The company aims to provide an immersive experience highlighting its focus on innovation and sustainability. I believe this move will significantly boost their market presence and customer engagement.

Tuesday, 13 August 2024 07:01 PM Simple Energys production facility in Shoolagiri, Tamil Nadu, covers 200,000 square feet and includes a dedicated motor manufacturing line, making it the only OEM in India with such a setup. The company produces 95% of its scooter components in-house, which is a testament to its commitment to quality and self-sufficiency. I believe this level of control over production will help them maintain high standards and innovate further.

Monday, 29 July 2024 10:56 PM Simple Energy has secured $20 million in a Series A funding round to expand its electric vehicle business. This funding will be crucial for the company to scale up its production and retail network across India. The investment reflects the growing interest in electric vehicles and the potential of Simple Energy in the market. I think this funding will be a significant boost for their growth plans and innovation in the EV sector.

Friday, 15 December 2023 10:52 AM The Simple Dot One electric scooter was launched in India on December 15, 2023, at an introductory price of Rs. 99,000. This scooter is positioned as a more affordable option compared to the Simple One and is expected to attract a wider customer base. The Dot One features a range of 151 km and is part of Simple Energys strategy to expand its product lineup. I believe this launch will help Simple Energy compete more effectively against other electric scooter brands in India.

Friday, 09 June 2023 08:58 PM Simple Energy has begun deliveries of the Simple One electric scooter in India, albeit with notable delays. The company has delivered only a handful of scooters in Bengaluru as part of a pilot phase. Despite the delays, the Simple One is gaining attention for its certified range of 212 km and advanced features. I think the company needs to ramp up production to meet the growing demand for electric vehicles in India.