Launch · Mobility & Logistics

Simple Energy launches Gen 2 scooters and Ultra model

By Startup Enthusiast · 5 January 2026

What they do

Simple Energy makes electric scooters in Bengaluru

It launched Gen 2 versions of Simple One and OneS, plus the new Ultra model with a 400 km range

The Ultra has India's largest scooter battery pack and the company plans an IPO in FY27

Simple Energy launched Gen 2 versions of its Simple One and Simple OneS scooters.
It also launched a new model called the Simple Ultra.
The Simple Ultra has an IDC-certified range of 400 km, the longest of any electric scooter in India.
It has a 6.5 kWh battery, the largest battery pack on an electric scooter in India.
The Ultra's top speed is 115 kmph and it accelerates from 0 to 40 kmph in 2.77 seconds.
The introductory price of the Ultra is ₹1.39 lakh, and the regular price starts at ₹2,44,999.
The Gen 2 scooters are 8 kg lighter than the previous generation and have 35 litres of underseat storage.
All models are in production and available at dealerships from launch day with no waiting period.

Simple Energy shifted to heavy rare-earth-free motors after supply constraints, and has been producing them for six months.
The company's monthly sales rose from 500-600 units in early 2025 to 1,000-1,200 units by October-November 2025.
Simple Energy is targeting EBITDA positivity before the end of FY26 and full net profitability ahead of a planned IPO.
The company plans an IPO of around ₹3,000 crore (approx $350 million) in Q2-Q3 FY27 or FY27/FY28.

Simple Energy is a Bengaluru-based electric two-wheeler manufacturer that develops its vehicles in-house.
Its product lineup includes the Simple Wave, Simple One, Simple OneS, and Simple Ultra.
The company sells scooters through 61+ showrooms in cities including Bengaluru, Goa, Pune, and Hyderabad, and online via Amazon and Flipkart.
It offers services such as 24x7 roadside assistance, extended warranty, a subscription pack, and a connect app.
The Hosur plant has an annual capacity of 300,000 scooters.
Simple Energy has raised a total of $51 million from investors and high-net-worth individuals.

Simple Energy is targeting 150 dealerships and 200 service centres by March 2026, and nearly 300 outlets by the end of 2026.
The company plans an IPO of around ₹3,000 crore (approx $350 million) in Q2-Q3 FY27 or FY27/FY28.
It aims to achieve EBITDA positivity before the end of FY26 and full net profitability ahead of the IPO.
Simple Energy is targeting at least 30% month-on-month growth in 2026.

Product: based EV maker
Customers: Individual consumers seeking affordable electric two-wheelers
How it makes money: Direct sales of electric scooters through online and physical retail outlets
What sets it apart: Mass production scale and customer-focused design for Indian market