plans to launch a B2B product by 2021, a new powertrain by mid-2023 and an
e-bike by 2022. It was currently focusing on setting up a factory with one
million capacity at Hosur.
Founder and CEO, Simple Energy, shared about the company’s current focus and
plans with PTI. Simple Energy, a Bengaluru-based EV maker, is looking to
manufacture an electric four-wheeler to add to its future product range.
that the company had plans to launch a business-to-business (B2B) product by
the end of 2021. Currently, it is in the testing and homologation stage. He
added that while the B2B products will meet the need of last-mile delivery and
logistics, the company’s focus is mainly on B2C (business-to-consumer) and
Simple Energy intends
to launch a new powertrain by mid-2023 and an e-bike by 2022. Rajkumar said
that the company would come out with two more products in the next three years.
that the company was improvising its current offerings and planning to
introduce a multiple product range in different sections of the automobile
sector. An electric four-wheeler is part of its long-term plan. The company is
also increasing its R&D (research and development) team.
that the company would set up a factory with one million capacity at Hosur,
Tamil Nadu. It also intends to focus on exports along with the domestic market.
It plans for at least 1,000 charging stations in the next 1.5 years.
Source – Business Standard
Image Source: Simple Energy Website