EV Manufacturers Optimistic About New EV Policy Announced by Tamil Nadu Updated On Wed, Feb 15th, 2023 by Saurenergy Last month, when most States began the year on a note of optimism around EVs, uncertainty loomed large over Tamil Nadu’s EV sector. The State, which had offered multiple incentives for EVs, fell silent on the extension of the same, which concluded on December 31, 2022. This, of course, was followed by worry from EV […] Read more
EV Scooter Maker Simple Energy Raises $20 Mn in Bridge Round Updated On Wed, Feb 8th, 2023 by Saurenergy Electric vehicle and clean energy startup Simple Energy has raised over $20 million in the ongoing bridge round. The fresh fund has come after a gap of 15 months for the Bengaluru-based startup. The bridge round witnessed the participation of investors from Arokiaswamy Velumani, founder of Thyrocare, Ashwin Hinduja of Gokaldas Group, Sanjay & Sandeep […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more
Could Priority Sector Lending Status For Electric Mobility Charge Up Adoption ? Updated On Mon, Apr 25th, 2022 by Saurenergy The electric vehicles have a long way to go to lead the mobility sector in India. One of the major points of delay is the finance for the industry. NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a report in January 2022, titled Banking on Electric Vehicles in India. The report surfaces the need […] Read more
Simple Energy, C4V will Collaborate to Manufacture Lithium-ion Cells in India Updated On Thu, Apr 7th, 2022 by Saurenergy Bengaluru based electric two-wheeler maker Simple Energy has said that it has signed an initial pact with the US-based battery technology firm C4V (Charge CCCV) to establish a Lithium-ion cell manufacturing ecosystem in India. The electric vehicle sector is presently based around lithium-ion battery cells. Simple Energy stated that the cell manufacturing ecosystem will be […] Read more
Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu Updated On Fri, Dec 10th, 2021 by Saurenergy Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […] Read more
Simple Energy To Produce 1 Million E-scooter Units Annually at TN Plant Updated On Wed, Aug 4th, 2021 by Saurenergy 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 […] Read more
E2W Firm Simple Energy to Invest Rs 45 Crore on Production Facility Updated On Tue, Jan 19th, 2021 by Saurenergy Simple Energy, all set to roll out its maiden electric scooter, is planning to invest around Rs 45 crore in setting up a production facility Bengaluru-based EV start-up Simple Energy, which is all set to roll out its maiden electric scooter in the first half of 2021, is planning to invest around Rs 45 crore in […] Read more
EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore Updated On Mon, Jul 27th, 2020 by Saurenergy Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […] Read more
