New Delhi: Simple Energy Based on Bangalore on Tuesday announced that he would launch the first-flagship electric scooter, which was simple on August 15.
Electric wheel manufacturers will prepare a production plant in Hosur, Tamil Nadu.
While factory settings have begun, the company aims to start production operations from the end of this year.
Seeing the growth of the fast-paced EV industry, the company plans to invest more than RS 350 Crores in the next two years to increase his footsteps in PAN India.
The first phase of the factory is spread over 2 square lakh feet and will have a production capacity of up to 1 million units every year.
The company will also provide at least 1,000 jobs, to start, thus promoting Make in India initiatives.
Suhas Rajkumar, Founder, and CEO of Simple Energy said, “This is a big milestone for simple energy.
Even though we aim to lead electricity mobility in this country, we will now be able to serve a larger audience than before.
We look forward to launch on August 15 for Start this extraordinary initiative.
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