Results · Mobility & Logistics

Simple Energy revenue jumps 125% in seven months

By Startup Enthusiast · 5 November 2025

What they do

Simple Energy makes electric scooters like Simple ONE and Simple OneS

Revenue in the first seven months of FY25-26 surpassed the entire previous fiscal year by 125%

The company plans 150 retail stores and service centres across India by March 2026

Simple Energy's revenue in the first seven months of FY25-26 surpassed the entire FY24-25 revenue by 125%.
The company sold over 1,000 units during this period.
Production at its Hosur facility increased by 40%.
The manufacturing facility spans 2,00,000 sq. ft. in Hosur, Tamil Nadu.
The marketing team now has over 40 professionals.
Simple Energy plans to open 150 retail stores and service centres across India by March 2026.
The flagship Simple ONE Gen 1.5 was launched in January 2025.
The Simple OneS was also launched in January 2025.

The revenue jump shows strong demand for Simple Energy's electric scooters.
The company is scaling production and retail presence rapidly.
Simple Energy became the first Indian OEM to commercially manufacture heavy rare-earth-free motors in September 2025.

Simple Energy manufactures electric two-wheelers including Simple ONE, Simple OneS, Simple Ultra, and Simple Wave.
The Simple ONE starts at ₹2,04,999, has a range of up to 265 km, and a top speed of 115 km/h.
The Simple OneS starts at ₹1,77,999, has a range of up to 190 km, and a top speed of 90 km/h.
The Simple Ultra starts at ₹2,44,999, has a range of up to 400 km, and a top speed of 115 km/h.
The company operates over 50 stores and offers 24x7 roadside assistance, extended warranty, and a subscription service.

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