Simple Energy Expands EV Two-Wheeler Portfolio With Simple OneS

Simple Energy Expands EV Two-Wheeler Portfolio With Simple OneS

SUMMARY

The electric scooter, priced at INR 1.40 Lakh, will offer an IDC (Indian delivery condition) range of 181 km

Simple OneS will be available across all Simple Energy showrooms, including Bengaluru, Goa, Pune, Vijayawada, Hyderabad, Vizag, Kochi and Mangaluru.

Meanwhile, the company also said that with this launch it will now discontinue its EV scooter Simple Dot One

Clean energy startup Simple Energy has expanded its EV two-wheeler product line with the launch of its new electric scooter Simple OneS.

The electric scooter, priced at INR 1.40 Lakh, will offer an IDC (Indian delivery condition) range of 181 km, the company said in a statement.

Simple OneS will be available across all Simple Energy showrooms, including Bengaluru, Goa, Pune, Vijayawada, Hyderabad, Vizag, Kochi and Mangaluru, among others.

“Our focus has always been on pushing the boundaries of technology to create smarter solutions, and the scooter is a testament to that,” said Simple Energy founder Suhas Rajkumar.

The newly launched scooter has several features, including 5G e-SIM, Wi-Fi, bluetooth connectivity, along with a touch screen dashboard. Additionally, it also offers options like find my vehicle, tire pressure monitoring system and park assist function, the statement added. 

Meanwhile, the company also said that with this launch it will now discontinue its EV scooter Simple Dot One.

Currently, Simple Energy’s product portfolio includes two vehicles – Simple One Gen 1.5 and Simple OneS.

Founded by Rajkumar, Ankit Gupta, and Shreshth Mishra in 2019, Simple Energy is a Bengaluru-based EV two-wheeler startup. 

It competes against Ola Electric, TVS Motor, Bajaj and Hero MotorCorp’s Vida in the EV two-wheeler segment. 

In July 2024, Simple Energy raised $20 Mn in a Series A funding round to expand its footprint across India and facilitate new product development.

Amid the rapid EV adoption in the country, the two-wheeler EV segment is getting a lot of traction and witnessing growing competition.

As per the Vahan data, total electric two-wheeler registrations in India surged nearly 24% month-on-month (MoM) to 91,264 units in January. In the month under review, Bhavish Aggarwal-led Ola Electric reclaimed its top position, after losing the spot to Bajaj Auto and TVS Motor in December 2024.

However, the registrations slipped 27% to hit a 10-month low of 71,847 units in February. During this month, Bajaj Auto again surpassed Ola Electric to claim the top position. 

Besides, the two-wheeler EV market is also witnessing the entry of new players. Last week, High-end ebike maker Ultraviolette Automotive forayed into this space with the launch of its first electric scooter ‘Tesseract’. 

In November 2024, Japanese automobile giant Honda Motorcycle & Scooter India (HMSI) also entered the segment with the launch of its two electric scooters – Activa E and QC1. Besides, the company is also mulling to build a dedicated electric motorcycle production plant in India by 2028. 

In 2024, total EV registrations in the country rose 30% year-on-year (YoY) to almost touch the 20 Lakh mark, with electric two-wheeler registrations zooming 33% YoY to 11.4 Lakh.

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