positive
Recently
Simple Energy Secures $10M for India Expansion in EV Segment
No Image
Simple Energy raises $10M to expand EV retail, service & product R&D footprint.
Electric two-wheeler manufacturer Simple Energy has closed a $10 million funding round with existing investors to scale its retail and services network across India, and invest in R&D. The infusion comes as EV demand strengthens in non-metro cities, and as competition in the 2W electric space intensifies. With capital in hand, Simple Energy aims to solidify brand presence, service infrastructure, and battery innovation.