Simple Electric Scooter Updates

Monday, 29 July 2024 08:41 AM Simple Energy has raised $20 million in primary equity funding, bringing the total funding to about $40 million. The funds will be used to expand production from 300 scooters a month to 5,000 scooters a month. The company aims to sell 15,000 scooters by the end of FY25 and reach a revenue of Rs 150 crore. I think this funding will be a significant boost to their production and market presence.

Wednesday, 27 December 2023 12:07 PM The price of the Simple Dot One electric scooter is set to be hiked by Rs 40,000 from January 2024. Initially priced at Rs 99,999 for those with existing Simple One bookings, this increase reflects market adjustments. I think this price hike might affect its competitiveness in the budget segment.

Friday, 15 December 2023 07:55 AM Simple Energy has launched its most affordable electric scooter, the Simple Dot One, in India at an introductory price of Rs 99,000 (ex-showroom). This scooter is positioned below the flagship Simple One and is expected to attract more budget-conscious buyers. I believe this move will help Simple Energy tap into a broader market segment.

Saturday, 10 June 2023 12:53 AM Simple Energy has commenced deliveries of its Simple One electric scooter, with the company targeting to deliver around 100 units in June. Despite delays, the scooter has garnered significant interest, with over 30,000 pre-bookings. The Simple One promises a range of 212 kilometres on a full charge. I believe the long-range capability will be a major selling point in the Indian market.

Tuesday, 23 May 2023 01:21 PM The Simple One electric scooter has finally been launched in India after a year-long delay, priced at Rs 1.45 lakh (ex-showroom). The scooter features a 236km range and fast-charging support, along with 30-liter storage. I think the storage feature will be particularly appealing to daily commuters.

Thursday, 13 October 2022 12:52 PM Simple Energy has announced that it will begin deliveries of the Simple One electric scooter in the first quarter of 2023. The company has been working on improving the powertrain for better performance and thermal management. This move is expected to alleviate range anxiety among potential buyers.

Sunday, 15 August 2021 07:34 PM The Simple One electric scooter was launched on August 15, 2021, with a price tag of Rs 1,09,999. It boasts a range of 236km and features like fast-charging and 30-liter storage. The scooter has received over 30,000 pre-bookings since reservations opened. I believe the combination of range and features makes it a strong contender in the Indian EV market.

Tuesday, 10 August 2021 06:17 AM The booking amount for the Simple One electric scooter was set at Rs 1,947, with the scooter promising significant storage and fast-charging capabilities. This pre-launch strategy helped generate a lot of interest among potential buyers. I believe the affordable booking amount helped in garnering those pre-bookings.

Friday, 06 August 2021 03:30 PM Simple Energys flagship electric scooter, the Simple One, was initially set to launch on August 15, 2021. The company had announced that the scooter would offer the most range among e-two-wheelers in India, aiming to address range anxiety. I think this focus on range will be crucial for its success.

Thursday, 01 April 2021 03:27 PM Simple Energys Simple One scooter was initially codenamed Mark 2 and was scheduled to be launched later in 2021. The company had been testing the scooter, revealing design details and promising a robust performance. I think the testing phase was crucial in ensuring the scooters reliability.