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 the company.

The e-mobility startup claims that it plans to invest over Rs. 350 crore in the next two years to increase its footprint across India. Also, the firm announced that the work for setting up the factory has begun and the production is expected to commence by the end of this year.

Also, the E2W maker is ready to launch its hi-tech sporty electric scooter titled ‘Simple One’ on Independence Day 2021. The Simple One will be available in different cities in different phases, starting with Bangalore, Chennai and Hyderabad followed by other cities in the coming months.

This Independence Day, let’s celebrate for a bold. smart. innovative future. #Bethechange #Simpleone

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Speaking of the launch, “This is a huge milestone for Simple Energy. Although we aim to lead electric mobility in the country, we will now be able to cater to a larger audience faster than ever. We look forward to the launch on August 15, to embark on this remarkable initiative,” says Mr. Suhas Rajkumar, founder & CEO of Simple Energy.

According to the product specification, the Simple One will have a 4.8 kWh lithium-ion battery, a range of 240km in eco mode, a top speed of 100kph, and 0-50kph acceleration in 3.6 seconds.

The other key features include a mid-drive motor along with a removable battery and futuristic design. It will also come with features like a touchscreen, onboard navigation, and Bluetooth, among others. However, the exact pricing has not been revealed yet, the e-scooter is expected to be under a range of Rs. 110,000 to Rs. 120,000.

For Tamil Nadu, this is yet another major manufacturing win, after Ola Electrics 10 million capacity plant.