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Codenamed ‘Mark 2’, the e-scooter will first be launched in Bengaluru, followed by Hyderabad and Chennai

Simple Energy, a Bengaluru-based electric vehicle (EV) startup, said that it will launch its maiden e-scooter on August 15. The start-up had been looking forward to launching its flagship product on sale during the first half of the year, but had to shift the launch owing to the second COVID-19 wave rampant in the country.    

Codenamed ‘Mark 2’, the e-scooter will first be launched in Bengaluru, followed by Hyderabad and Chennai, with the company planning to expand its presence to other cities in the future as well. Bengaluru also houses the company’s manufacturing facility and R&D unit. Prior to the launch, the company is also planning to deploy charging stations in the city.  

Suhas Rajkumar, Founder and CEO, Simple Energy, said, “We are thrilled to be announcing the launch date. August 15 is a significant milestone for the nation, Simple Energy aims at creating history with a world-class product made by an Indian company.”

While the prototype version Mark1 was ready last year, the startup has now developed the production variant which is based on the prototype, Simple Energy said.

Priced at Rs 1.10 lakh-Rs 1.20 lakh, the e-scooter will have a 4.8 kWh lithium-ion battery with a claimed range of 240 km in eco mode and top speed of 100kmph, is set to be rolled out mid this year with pre-bookings beginning from the launch day itself, followed by the deliveries soon. 

The EV startup is also looking to raise Series A funding of USD 15 million (Rs 112 crore) in the third quarter of this year and has released the vehicle testing images, the company added. 

Source: https://www.electronicsb2b.com/