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Having launched its first electric scooter, Simple Energy has now announced its product plans for the future. The Bangalore-based EV startup is working on three new electric 2-wheelers and plans to introduce an electric car by 2025.
According to Suhas Rajkumar, Founder & CEO of Simple Energy, the company is working on two new electric scooters and an electric motorcycle, which will be launched within the next 18 months. An electric car is also said to be under development. The company aims to launch it by 2025.
The upcoming scooters will be based on the same platform as the Simple One but will be offered at a lower price point. The electric motorcycle is expected to be priced in the Rs 3-5 lakh range.
Rajkumar also revealed that Simple Energy is working on improving the efficiency of its powertrains. The company is also developing a new magnetless electric motor. It is also exploring the option of a strong-hybrid car.
Source: ET Auto