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<ul><li>The <keyword id="11907799" type="General" weightage="20" keywordseo="Simple-One-electric-scooter" source="Orion">Simple One electric scooter</keyword> promises a range of 212 kilometres, and is priced at ₹1.45 lakh. </li><li>It competes with the likes of Ola S1 Pro, Ather 450X and the Hero Vida V1 series, among others. </li><li><keyword id="5489470" type="General" weightage="80" keywordseo="simple-energy" source="Orion">Simple Energy</keyword> was founded in 2019 by <keyword id="11158054" type="General" weightage="80" keywordseo="suhas-rajkumar" source="Orion">Suhas Rajkumar</keyword>, who is also the CEO of the company. </li></ul>Bengaluru-based Simple Energy took the wraps off its much-awaited electric scooter, on Tuesday. The company claims that its scooter with 212-kilometre range is better than that of existing scooters, at comparable prices. “Going forward, our biggest priority is to facilitate quick deliveries for customers who have been patiently waiting to get their <keyword id="11904804" type="General" weightage="100" keywordseo="simple-one" source="Orion">Simple One</keyword> home,” said Suhas Rajkumar, founder and CEO of Simple Energy. This scooter will directly compete with the likes of Ola S1 Pro, Ather 450X and the Hero Vida V1 series, among others. Simple Energy was founded in 2019 by Suhas Rajkumar, who is also the CEO of the company. The company, which has a manufacturing plant in Shoolagiri in Tamil Nadu, has been teasing the electric scooter since last August. <cmsannotation type="cmsannotation" annotationid="Simple One electric scooter pricing and availability" comment="subhead" text="Simple One electric scooter pricing and availability">Simple One electric scooter pricing and availability</cmsannotation> The Simple One electric scooter starts at an ex-showroom price of ₹1.45 lakh. It comes in four basic colours — Brazen Black, Namma Red, Azure Blue, Grace White colours. There are also two limited-edition dual-tone versions — namely Brazen X and Light X, which are priced at ₹1.5 lakh (ex-showroom). Buyers will have to pay extra ₹13,000 for the 750-watt portable charger. Deliveries will start from June 6 in Bengaluru, with other cities to be added to the list later on. <cmsannotation type="cmsannotation" annotationid="Simple One electric scooter range, features &amp; more" comment="subhead" text="Simple One electric scooter range, features &amp; more">Simple One electric scooter range, features &amp; more</cmsannotation> The Simple One electric scooter has an IDC-certified 212 kilometre range, with 6% charge still left in the scooter for safety reasons. It is powered by a 5kWh lithium-ion battery, split into two packs – one fixed and one removable. This battery powers a motor that is rated to generate peak power of 8.5kW and 72Nm of torque, helping Simple One sprint from 0-40 kmph in 2.77 seconds. It also has a claimed top-speed of 105 kmph. Simple Energy claims that the 5kWh battery can be charged from 0-80% using the 750-watt portable or home charger in 5 hours and 54 minutes. The company refrained from stating exactly how long a full charge will take. The company also said that its Loop fast charging network will be able to charge the Simple One at a speed of 1.5km per minute from 0-80%. However, this fast charging network will be deployed from August. The Simple One also comes with a 7-inch TFT display that is powered by an open source version of the Android operating system. It allows users to pair their phones via Bluetooth, view their scooter statistics using the company’s app, and view distance, speed, range and more. It supports turn-by-turn navigation as well and users will be able to perform software upgrades over-the-air (OTA). SEE ALSO: <a href="https://www.businessinsider.in/finance/news/2000-note-withdrawal-how-to-exchange-notes-is-it-a-legal-tender-and-other-questions-answered/articleshow/100412941.cms">₹2,000 note withdrawal – How to exchange them, is it a legal tender and other questions answered</a> <a href="https://www.businessinsider.in/tech/news/battlegrounds-mobile-india-to-return-soon-company-receives-permission-from-government/articleshow/100346259.cms">Battlegrounds Mobile India is relaunching soon, but government says final call only after a 3-month trial</a> <a href="https://www.businessinsider.in/tech/news/apple-app-store-prevented-over-2-billion-in-fraudulent-transactions-last-year-banned-282-million-user-accounts/articleshow/100322718.cms">Apple App Store prevented over $2 billion in fraudulent transactions last year, banned 282 million user accounts</a>

Simple One electric scooter launched with 212 km range: Check out price, specifications and other details

Every year on September 9, many countries celebrate World EV Day to encourage the transition to e-mobility and sustainable transportation among consumers, businesses, and policymakers. The day assumes significance in the Indian context, particularly in light of the nation's commitment to achieving net zero emissions by 2070. Modern <keyword id="6354973" type="General" weightage="100" keywordseo="electric-vehicles" source="Orion">electric vehicles</keyword> (EVs) are raising the bar regarding the usage efficiency of alternate fuel sources. As global electricity production gradually transitions to renewable energy, EVs herald a new future of sustainable mobility. Even <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> has pledged to meet half its energy needs with non-fossil energy sources by 2030 by reaching 500GW of installed capacity. Moreover, the updated NDC of India to the <keyword id="6355833" type="General" weightage="50" keywordseo="united-nations" source="Orion">United Nations</keyword> promises to reduce emissions intensity (GHG emission per unit of GDP) by 45% by 2030, from 2005 levels. To achieve this milestone, the country has to reduce its anticipated carbon emissions by billions of tonnes and needs to promote versatile policies, incentives, and awareness. One significant step towards this is the favourable policy environment by the government for an EV-dependent India. The global automotive industry is undergoing a paradigm shift as it tries to switch to alternative, less energy-intensive options. The rise in oil import prices, rising pollution, and international commitments to combat global climate change are some of the main reasons behind India's recent actions to quicken the switch to e-mobility. At the United Nations Climate Change Conference 2021 (COP26), India vowed to work toward the aspirational goal of having at least 30% of private vehicles be electric by 2030. India faces a complex challenge on this front, with costs, accessibility, actual usage, lithium battery disposal, and numerous other issues acting as roadblocks. Therefore, it is essential to start a dialogue on all such topics about EV adoption in India, including climate change, carbon emissions, EV leverage, potential risks, and market challenges. Whether EVs can help reduce emissions significantly and how government and automobile industries can collaborate to achieve these challenging emission reduction goals remains a puzzle. The Business Insider India's virtual panel, "Shifting Gears: Evaluating the road to <keyword id="49089" type="General" weightage="20" keywordseo="sustainability" source="Orion">sustainability</keyword>", took place on September 9, initiating a discussion on the EV road to sustainability. The panel highlighted the challenges and opportunities of EV adoption, as well as the initiatives of the government, Indian automobile and Indian infrastructure capabilities to accelerate the transition to EV transition in India. <div type="Youtube" id="ndDL-6NBFGM" title="Shifting Gears: Evaluating The Road To Sustainability" thumbUrl="https://i.ytimg.com/vi/ndDL-6NBFGM/mqdefault.jpg"><url><![CDATA[https://www.youtube.com/watch?v=ndDL-6NBFGM]]></url></div> The panel was moderated by <keyword id="15004090" type="General" weightage="50" keywordseo="malini-bhupta" source="Orion">Malini Bhupta</keyword>, Editor-in-Chief of Business Insider India. Dr <keyword id="15004089" type="General" weightage="50" keywordseo="reji-mathi" source="Orion">Reji Mathi</keyword>, director of the Automotive Research Association of India (ARAI), started the conversation by saying, "One of the key things we all look towards EV is the cleaner part. As rightly pointed out by many forums, 40% of ambient air quality pollution comes from the transport sector. So, locally, yes, EV is going to play a very key role in pollution reduction, but far more has to be done, and there is a lot of focus by the government on this sector." Anmol Jaggi, CEO of the ride-sharing company BluSmart Mobility, said that, "Over the last three years, we have seen an exponential rise in the charging infra created by private and public entities due to EVs. At BluSmart, we have taken the baton and said that this is not a threat but one of the biggest opportunities to create non-existent infrastructure and move the whole economy and country to a low carbon intensity platform." <keyword id="11158054" type="General" weightage="50" keywordseo="suhas-rajkumar" source="Orion">Suhas Rajkumar</keyword>, founder &amp; CEO of Simple Energy, explained that, “It’s not just infrastructure, it's more of a supply chain issue and the OEM part of it. If you see the India road map of EVs in the last ten years, most of them are outsourced, and most of them are based out of China. This is because China has already figured out the supply chain, but the problem with that is that you don’t get a quality product out here, so people are not really going forward and buying EVs.” <keyword id="3107107" type="General" weightage="50" keywordseo="anshul-khandelwal" source="Orion">Anshul Khandelwal</keyword>, chief marketing &amp; revenue officer at <keyword id="6354720" type="General" weightage="50" keywordseo="ola" source="Orion">Ola</keyword> group, said that, “Consumers are not just hungry for EVs, but also great quality products. One difference we need to understand is it’s not just about adopting EVs. It's about how EVs actually make the product fundamentally better. In addition to sustainability, EV technology fundamentally changes the vehicle’s nature, which gets people more excited — the performance and the range, and the features that the EV offers, internal combustion engine vehicles cannot offer.” Recommended stories: <div type="Article" hostid="261" msid="94098938" title="World EV Day: In conversation with actor, entrepreneur Gul Panag on India’s transition to electric mobility" mstype="2" mssubtype="0"><payload><![CDATA[alsosee]]></payload></div>

Sustainability forum: Shifting gears — ‘EV’aluating the road to sustainable mobility

<keyword id="6358070" type="General" weightage="20" keywordseo="mumbai" source="Orion">Mumbai</keyword>, EV startup <keyword id="5489470" type="General" weightage="100" keywordseo="simple-energy" source="Orion">Simple Energy</keyword> is looking to roll out two new <keyword id="440919" type="General" weightage="20" keywordseo="e-scooters" source="Orion">e-scooters</keyword> in the next quarter which would be attractively priced for the consumers, its founder Suhas <keyword id="6357789" type="General" weightage="80" keywordseo="rajkumar" source="Orion">Rajkumar</keyword> said. With the introduction of affordable e-scooters, the company is expecting to retain not only the existing investors but also onboard institutional players and family offices globally for its proposed USD 100-million fund-raise, Rajkumar told PTI. The company last month launched its maiden premium e-scooter Simple ONE, at Rs 1.45 lakh and commenced deliveries in a phased manner with Bengaluru to begin with from 7th of this month. The introduction of an affordable e-scooter is part of the company's plans to have a portfolio of three scooters, one performance bike and possibly a four-wheeler in the next three years, Simple One founder and CEO said. "Rs one lakh to Rs 1.30 lakh is the affordable price point for a low-end scooter with minimal performance. This is what would matter to the customers. And we are working on those price points and looking to compete with those brands," Rajkumar said, adding that the e-scooters, will be launched in the next quarter. <keyword id="6360326" type="General" weightage="50" keywordseo="electric" source="Orion">Electric</keyword> two-wheeler sales in the last fiscal surged over two-and-half fold year-on-year to 8,46,976 units (based on data sourced from OEMs), EV manufactures body SMEV had said in April. Of this, the industry saw sales of 1.2 lakh low-speed e-scooters with top speed less than 25 km/hour, while the total sales of high-speed E2W (top speed more than 25km/hr) stood at 7,26,976 during the year. Rajkumar said Simple Energy has shelved plans to develop a vehicle for the last-mile delivery as almost 90 per cent of the market has already been covered by the earlier entrants. Simple Energy's focus will be to develop the B2C model more going forward, he said, adding that the company is working on the charging infra, which is expected to go live in August, Rajkumar said. On funding, he said "we have a great pipeline of existing and new investors in our USD 100-million fund-raise plan for production and expansion." Besides, the company is also tapping in family-offices globally for this round of funding, he said. Earlier in February this year, Simple Energy had raised USD 20 million in a bridge round from a clutch of investors to ramp up production. The company has a manufacturing facility in Shoolagiri in Tamil Nadu with an annual capacity of around 5-lakh units.

Simple Energy plans to roll out 2 new affordable e-scooters in next quarter

<keyword id="16392199" type="General" weightage="20" keywordseo="electric-vehicle-startup-simple-energy" source="Orion">Electric vehicle startup Simple Energy</keyword> on Tuesday announced raising USD 20 million (about ₹165 crore) from a clutch of investors as a part of its ongoing <keyword id="3336625" type="General" weightage="20" keywordseo="Bridge-round" source="Orion">Bridge round</keyword>. The funds will be utilised in a phased manner to ramp up production of the company's maiden e-scooter Simple ONE, which has not yet been delivered to a single customer even after 18 months of its launch. The company has been deferring deliveries of the vehicle since December 2021. "We have received a phenomenal pre-booking response, and to cater to the demand, we are raising funds in a timely manner. The funds raised will be strategically used to aid the production ramp-up and for a quicker delivery commencement," said Suhas Rajkumar, founder and CEO of <keyword id="5489470" type="General" weightage="20" keywordseo="simple-energy" source="Orion">Simple Energy</keyword>. The company claims that it has received over one-lakh bookings for the e-scooters. "We have successfully de-bottlenecked product constraints and are confident that we will soon start deliveries of Simple ONE," Rajkumar said. The company recently inaugurated its new facility in Shoolagiri, Tamil Nadu, with an initial ₹100 crore investment, Simple Energy said in the statement. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/ndrf-personnel-with-specially-equipped-trained-dog-squad-departs-for-earthquake-hit-turkey/articleshow/97674680.cms">NDRF personnel with specially equipped trained dog squad departs for earthquake-hit Turkey</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/last-mile-deliveries-food-aggregators-to-drive-electric-two-wheeler-growth-says-redseer/articleshow/97654131.cms">Last mile deliveries, food aggregators to drive E2W growth says Redseer</a>

Simple Energy raises USD 20 mn from investors

<ul><li>The <keyword id="186291" type="General" weightage="100" keywordseo="ev" source="Orion">EV</keyword> landscape in <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> is gaining momentum as consumer perception on the viability of EVs and the need to transition to greener lifestyle choices improves. </li><li>Amidst growing climate change concerns and India's attempts to reach its commitments on the <keyword id="3087299" type="General" weightage="20" keywordseo="paris-agreement" source="Orion">Paris Agreement</keyword>, the need to adapt a more sustainable approach in consumption is becoming the need of the hour. </li><li>On September 9, 2022, <keyword id="1857762" type="General" weightage="50" keywordseo="business-insider-india" source="Orion">Business Insider India</keyword> is hosting “Shifting Gears: EValuating the road to sustainability,” a free virtual event at 7 pm IST, featuring speakers from <keyword id="6354720" type="General" weightage="50" keywordseo="ola" source="Orion">Ola</keyword>, ARAI, <keyword id="9349591" type="General" weightage="50" keywordseo="blusmart" source="Orion">BluSmart</keyword> and Simple Energy. </li></ul>The world is turning to alternative fuel sources, and electric vehicles (EVs) are leading the way. India is boosting EV adoption by expanding production facilities and incentive programmes. But why are EVs so crucial for India? Amidst growing climate change concerns and India's attempts to reach its commitments on the Paris Agreement -- what are the imminent challenges faced by the players? How has the landscape evolved over the past few years and what more can be done? Catch this insightful conversation with leading industry trendsetters and policymakers, only on <keyword id="824043" type="General" weightage="50" keywordseo="business-insider" source="Orion">Business Insider</keyword> India. We've seen the industry shape up and make a gradual shift toward a completely new model that prioritises a clean and green environment. We are witnessing significant momentum today, as consumer perceptions of EV viability as a primary vehicle have improved. Convergence in government-driven incentives and regulations has resulted in additional private investments into the entire electric vehicle value chain to achieve the scale required for cost reductions and technological advancement. The Indian consumer is becoming more aware of the benefits of gradually transitioning to green lifestyle solutions, with the Indian government acting as a catalyst to make the nation EV efficient by pushing policies and tax benefits in the market. However, making India fully efficient is an ambiguous challenge for the government, including costs, accessibility, actual usage, lithium battery disposal and multiple concerns that are acting as a speed bump in this journey. So, when we talk about EV adoption in India – it is crucial to discuss every sphere, including climate change, carbon emission norms, EV leverage, and the challenges in the Indian market. Business Insider's virtual event, "Shifting Gears: Evaluating the road to sustainability," takes place on September 9 at 7 pm and provides the platform to discuss, analyse this road to sustainability. The panel will discuss the challenges and opportunities of EV adoption, as well as the government and Indian automobile companies' initiatives in gearing up the speed to bring the EVs era to India. <h2 style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;">Speakers include:</h2><ul><li>Dr Reji Mathai - Director, ARAI</li><li>Anmol Jaggi - CEO, BluSmart</li><li>Suhas Rajkumar - Founder &amp; CEO, Simple Energy</li><li>Anshul Khandelwal - Chief Marketing &amp; Revenue Officer, <keyword id="8970858" type="General" weightage="50" keywordseo="ola-group" source="Orion">Ola Group</keyword></li></ul> <div type="javascript" title="Custom" contenttype="Text"><cdata><![CDATA[]]></cdata></div>

SIGN UP NOW: EValuating the road to sustainability

<cmsannotation type="cmsannotation" annotationid="summary" comment="summary" text="As the onset of the new year beckons us towards new beginnings, Business Insider India invites you to experience our innovations — a showcase of new editorial initiatives, products and brand partnerships from 2022 which have helped leading global companies engage with our select audience. These activities have established the foundation for our unique editorial mission around sustainability, personal finance, and enterprise tech which delivered sharp, incisive and compelling content to our readers. This year, we look forward to collaborating with you on your brand journey and help you emulate the same success that our longstanding partners have achieved.">As the onset of the new year beckons us towards new beginnings, Business Insider India invites you to experience our innovations — a showcase of new editorial initiatives, products and brand partnerships from 2022 which have helped leading global companies engage with our select audience. These activities have established the foundation for our unique editorial mission around sustainability, personal finance, and enterprise tech which delivered sharp, incisive and compelling content to our readers. This year, we look forward to collaborating with you on your brand journey and help you emulate the same success that our longstanding partners have achieved.</cmsannotation> <cmsannotation type="cmsannotation" annotationid="summary" comment="summary" text="Dive in to discover our success stories and drop us a line to harness the very best of Business Insider India’s creative approaches.">Dive in to discover our success stories and drop us a line to harness the very best of Business Insider India’s creative approaches.</cmsannotation> <bulletContentEmbed name="Sustainability Insider" columns="1"><bulletContentHeading name="Sustainability Insider_head"> <div type="image" title="Sustainability Insider" msid="97128329" hostid="261" caption="&amp;lt;p&amp;gt;Sustainability Insider&amp;lt;/p&amp;gt;"></div></columnHeadThumb><keyword id="14107500" type="General" weightage="20" keywordseo="Sustainability-Insider" source="Orion">Sustainability Insider</keyword></columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="Sustainability Insider_body"><bulletContentRow name="Sustainability Insider_1673794911834810"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">2023 and beyond… Environment, Social and Governance (ESG) will take the centre stage. Our ESG focussed programming segment - Sustainability Insider sharpens the focus on people, companies and ideas which are making this world a better place. Sustainability Insider’s marquee event, the <keyword id="9906589" type="General" weightage="20" keywordseo="World-EV-Day" source="Orion">World EV Day</keyword> webinar in September showcased industry veterans and thought leaders through and engaged large audiences across the website and social channels. Read more <a href="https://www.businessinsider.in/sustainability">here</a></bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[right]]></payload></bulletContentEmbed> <bulletContentEmbed name="left_image" columns="1"><bulletContentHeading name="left_image_head"> <div type="image" title="EV_IG (1)" msid="96686566" hostid="261"></div></columnHeadThumb>SUPERCHARGING WORLD EV DAY</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="left_image_body"><bulletContentRow name="left_image_8476256729899678"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Business Insider India September 2022 curated a special episode on the World EV Day. The Virtual panel, shifting Gears; Evaluating the Road to Sustainability featured Dr. Raji Mathi, Director, Automative Research Association of India (ARAI); Anmol Jaggi, CEO, BluSmart Mobility; Suhas Rajkumar, Founder and CEO, Simple Energy; and Anshul Khandelwal, Chief Marketing &amp; Revenue Officer, Ola Group. The group highlighted the challenges and opportunities of fast-tracking EV adoption in India. Watch the feature <a href="https://www.businessinsider.in/sustainability/article/sustainability-forum-shifting-gears-evaluating-the-road-to-sustainable-mobility/articleshow/94248881.cms">here</a></bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[left]]></payload></bulletContentEmbed> <bulletContentEmbed name="left_image" columns="1"><bulletContentHeading name="left_image_head"><div type="image" title="Quiz Image" msid="96687183" hostid="261"></div></columnHeadThumb>PRODUCT INNOVATION INTERACTIVE QUIZ</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="left_image_body"><bulletContentRow name="left_image_2671779128491774"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Interactivity came to the fore as Business as Business Insider India launched the interactive quiz, drawing audiences to engage with the platform and test their acumen on all things sustainability. you can also participate in the quiz and see how you stack up when it comes to sustainability. Click <a href="https://www.businessinsider.in/sustainability/news/lok-sabha-approves-energy-conservation-bill-to-accelerate-climate-action-opens-multi-billion-dollar-carbon-market/articleshow/93479684.cms">here</a> to take the quiz</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[left]]></payload></bulletContentEmbed> <bulletContentEmbed name="right_image" columns="1"><bulletContentHeading name="right_image_head"> <div type="image" title="saasscions_roundup" msid="96702847" hostid="261"></div></columnHeadThumb>MARQUEE BRAND INNOVATION VIA INSIDER STODIOS-</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="right_image_body"><bulletContentRow name="right_image_6519875174873057"><bulletContentRowHeading><bulletContentRowHead col="1">SAAS SCIONS FOR AWS</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Business Insider India partnered with AWS to custom create SaaS Scions, a content IP six-part series featuring visionaries in the SaaS space who have catalysed the SaaS domain globally. The series features the country's best known SaaS founders in conversation with AWS' leaders and shines a spotlight on India's growth story while capturing the thinking and vision of India's SaaS scions. Featured guests include Girish Mathrubootham, Jay Vijayan, Sandeep Gupta and Beerud Sheth.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[right]]></payload></bulletContentEmbed> <bulletContentEmbed name="Money Insider | Season 2 | COMING SOON on Business Insider" columns="1"><bulletContentHeading name="Money Insider | Season 2 | COMING SOON on Business Insider_head"> <div type="image" title="Money Insider" msid="97127935" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;sup&amp;gt;&amp;lt;/sup&amp;gt;Money Insider&amp;lt;/p&amp;gt;"></div></columnHeadThumb>Money Insider | Season 2 | COMING SOON on Business Insider</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="Money Insider | Season 2 | COMING SOON on Business Insider_body"><bulletContentRow name="Money Insider | Season 2 | COMING SOON on Business Insider_8003104820832338"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The best of financial insights from the country’s most creative voices! Business Insider India’s Money Insider brings together the country’s leading ‘Fin-fluencers’ who are heralding a new beginning in the world of financial literacy. Catch insights, bust myths, share a chuckle as you learn more about investing, insurance, home-buying, credit cards, planning taxes and all things personal finance.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[left]]></payload></bulletContentEmbed> <bulletContentEmbed name="Decoding Season 1’s performance success" columns="1"><bulletContentHeading name="Decoding Season 1’s performance success_head"> <div type="image" title="Decoding Season 1’s performance success" msid="97128114" hostid="261" caption="&amp;lt;p&amp;gt;Decoding Season 1&amp;#8217;s performance success&amp;lt;/p&amp;gt;"></div></columnHeadThumb>Decoding Season 1’s performance success</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="Decoding Season 1’s performance success_body"><bulletContentRow name="Decoding Season 1’s performance success_0072309969741672"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Money Insider tapped right into the current trend of financial literacy among Millennials and GenZ. It approached influencers such as Mandeep Gill, Raj Shamani, Ashna Tolkar, Neha Nagar, Shashank Udapa and Abhiraj &amp; Niyati to curate concise, crisp and educational content to fit in perfectly with Instagram's current demand for extensive information quickly. With a mix of these strategies, Money Insider hit over 2+ million views on Instagram and will be back soon to help you take control of your personal finances and make smart money decisions.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[right]]></payload></bulletContentEmbed> <bulletContentEmbed name="Partner with Us" columns="1"><bulletContentHeading name="Partner with Us_head"> <div type="image" title="Partner with Us" msid="97128159" hostid="261" caption="&amp;lt;p&amp;gt;Partner with Us&amp;lt;/p&amp;gt;"></div></columnHeadThumb>Partner with Us</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="Partner with Us_body"><bulletContentRow name="Partner with Us_3017289699399519"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Thank you for joining us on this overview of Business Insider India innovations. 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<ul><li>The Simple One is an upcoming <keyword id="433124" type="General" weightage="20" keywordseo="electric-scooter" source="Orion">electric scooter</keyword>, all set to launch in select cities in India later this year.</li><li>The Simple One is expected to be priced under ₹1,20,000, undercutting its direct rival from Ather Energy.</li><li>The <keyword id="11907799" type="General" weightage="20" keywordseo="simple-one-electric-scooter" source="Orion">Simple One electric scooter</keyword> also comes with a customisable touchscreen that offers Bluetooth and 4G connectivity, remote locking and more.</li></ul>The Simple One electric scooter is nearing its launch and before going official, the company has announced a major upgrade that brings the electric scooter’s range in line with electric cars. According to the company’s latest announcement, Simple One buyers will be able to opt for an additional battery pack that will enhance the scooter’s range to over 300 kilometres – a few kilometres short of the Tata Nexon EV’s 315KM range. If you have been waiting to go on a road trip on an electric two-wheeler, this might be it. <div type="twitter" handle="SimpleEnergyEV" handlename="Simple Energy" image="http://pbs.twimg.com/profile_images/1431165668410290180/QVPA_1Qd_normal.jpg" favoritecount="236" retweetcount="29" status="Today, we're announcing a new configuration for #SimpleOne customers that want even more range on their scooter — t… https://t.co/4NGa6pvv5i" createdat="1646125861000" id="1498586596081381377"></div> When launched, the Simple One’s unique selling point will be its range – the Bengaluru-based startup promises that its first electric scooter will have a range of up to 240 kilometres in Eco mode, which is more efficient than Sports mode as Eco mode prioritises the range over speed. Simple One’s direct electric scooter rival would be the Ather 450X, which has a real-world range of 80-85 kilometres. However, the 450X has a smaller 2.9 kWh battery, which has an impact on its range. The Ola S1 Pro, on the other hand, promises a range of 100-130 km, and the real-world range should be a little lower than that. <cmsannotation type="cmsannotation" annotationid="Simple One electric scooter price and launch date" comment="subhead" text="Simple One electric scooter price and launch date">Simple One electric scooter price and launch date</cmsannotation> The Simple One electric scooter’s price is expected to be in the range of ₹1,10,000 to ₹1,20,000. It will be launched in select cities in south India during the initial phases. This includes Bengaluru, Chennai and Hyderabad. Other cities will be added later, the company has confirmed. In an interview with Business Insider, Simple Energy’s founder Suhas Rajkumar confirmed that Mumbai and Delhi are on the radar, too. <cmsannotation type="cmsannotation" annotationid="Simple One will offer a top speed of 100 km/h" comment="subhead" text="Simple One will offer a top speed of 100 km/h">Simple One will offer a top speed of 100 km/h</cmsannotation> The Simple One might feature a slim frame, but the company says that the electric scooter will offer a top speed of up to 100 km/h. Not just that, it is claimed to go from 0-50 km/h in 3.6 seconds. Powering the Simple One will be a 4.8 kWh (kilowatt-hour) battery that can be removed and charged inside your home, in case you don’t have the place to set up the charger in your parking lot. Rajkumar also confirmed that the Simple One will support fast charging. This can charge up the battery completely in 70 minutes, he added, stating that the company's public chargers will support fast charging. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/cost-of-owning-and-running-an-electric-scooter-vs-a-petrol-scooter/articleshow/89119184.cms">Here’s how much buying and owning an electric scooter costs in India versus a petrol scooter</a> <a href="https://www.businessinsider.in/business/auto/news/best-scooters-and-bikes-in-india-under-1-lakh/slidelist/89588060.cms">Best scooters and bikes in India under ₹1 lakh</a> <a href="https://www.businessinsider.in/business/auto/news/top-electric-scooters-and-electric-bikes-in-india-in-january/articleshow/73658940.cms">Top electric scooters and electric bikes in India</a>

This electric scooter will have the same range as that of the Tata Nexon EV

<ul><li>The <keyword id="11572319" type="UNKNOWN" weightage="20" keywordseo="simple-one">Simple One</keyword> is an upcoming electric scooter, all set to launch in select cities in India next month.</li><li>One of its highlights is the claim of a range of 240 kilometres, beating its direct rival, Ather 450X, which has a certified range of 116 kilometres.</li><li>The Simple One is expected to be priced under ₹1,20,000, undercutting its direct rival from Ather Energy.</li></ul>Simple Energy has confirmed the name of its first electric scooter -- Simple One. This electric scooter is all set to launch next month and promises to offer a range that’s higher than many popular petrol-based (internal combustion engine) scooters in the market. When launched, the Simple One’s unique selling point will be its range – the Bengaluru-based startup promises that its first electric scooter will have a range of up to 240 kilometres in Eco mode, which is more efficient than Sports mode as Eco mode prioritises the range over speed. For instance, the Honda Activa 6G has a fuel tank capacity of 5.3 litres. At an ARAI rated average of 60 km/litre, it offers a range of approximately 318 kilometres. The real-world mileage should be closer to 50 km/l, though. Simple One’s direct electric scooter rival would be the Ather 450X, which has a rated range of 116 kilometres. However, the 450X has a smaller 2.9 kWh battery, which has an impact on its range. The Simple One will be the company’s flagship electric scooter. It was initially codenamed the Mark 2, drawing inspiration from the Iron Man movie series. Here’s everything we know about it so far: <cmsannotation type="cmsannotation" annotationid="Simple One electric scooter price and launch date" comment="subhead" text="Simple One electric scooter price and launch date">Simple One electric scooter price and launch date</cmsannotation> The Simple One electric scooter’s price is expected to be in the range of ₹1,10,000 to ₹1,20,000. It will be launched on August 15, in select cities in south India during the initial phases. This includes Bengaluru, Chennai and Hyderabad. Other cities will be added later, the company has confirmed. In an interview with Business Insider, Simple Energy’s founder Suhas Rajkumar confirmed that Mumbai and Delhi are on the radar, too. <cmsannotation type="cmsannotation" annotationid="Simple One will offer a top speed of 100 km/h" comment="subhead" text="Simple One will offer a top speed of 100 km/h">Simple One will offer a top speed of 100 km/h</cmsannotation> The Simple One might feature a slim frame, but the company says that the electric scooter will offer a top speed of up to 100 km/h. Not just that, it is claimed to go from 0-50 km/h in 3.6 seconds. <div type="image" title="Simple Energy e-scooter-image 3" msid="84165010" hostid="261" caption="&amp;lt;p&amp;gt;Simple One&amp;lt;/p&amp;gt;"></div> Powering the Simple One will be a 4.8 kWh (kilowatt-hour) battery that can be removed and charged inside your home, in case you don’t have the place to set up the charger in your parking lot. Rajkumar also confirmed that the Simple One will support fast charging. This can charge up the battery completely in 70 minutes, he added, stating that the company's public chargers will support fast charging. <cmsannotation type="cmsannotation" annotationid="‘We haven’t missed the bus, yet’" comment="subhead" text="‘We haven’t missed the bus, yet’">‘We haven’t missed the bus, yet’</cmsannotation> Although the Indian electric scooter market is still in its infancy, there are established players in the market like Hero MotoCorp-backed Ather Energy. However, Rajkumar believes Simple Energy has not missed the bus yet, and that apart from the legacy players, there’s only one competing startup. Further, Rajkumar said he believes India is too big a market to be dominated only by a handful of companies. “I think there’s a lot of room for new players to come. India is such a large market, it can accommodate 10 to 20 Simple Energys [sic] easily,” he added. There’s another silver lining to being a little late, says Rajkumar. “There's awareness about the EV [electric vehicle] market already and to have a second-mover advantage gets us the best of supply chain management, price, cutting, and all other aspects that we can learn from the mistakes of other operators,”. SEE ALSO: <a href="https://www.businessinsider.in/sachin-bansal-invests-in-electric-scooter-manufacturer-ather-energy/articleshow/69546251.cms">Sachin Bansal rides a bet on electric bike startup Ather Energy</a> <a href="https://www.businessinsider.in/business/auto/news/ather-450x-launched-in-india-price-features/articleshow/73693377.cms">Ather 450X electric scooter launched in India with a starting price of ₹99,000</a>

This new electric scooter promises 240KM range on a 70-minute charge, could be priced under ₹1,20,000

<ul><li>Simple One is one of the two electric scooters launching in India on August 15.</li><li>You will be able to book your <keyword id="11782178" type="UNKNOWN" weightage="20" keywordseo="Simple-One-electric-scooter">Simple One electric scooter</keyword> by paying a refundable deposit of ₹1,947.</li><li><keyword id="5489470" type="ORGANIZATION" weightage="20" keywordseo="Simple-Energy">Simple Energy</keyword> claims that its scooter can offer a range of up to 240 kilometres.</li></ul>The Simple One electric scooter is all set to launch on August 15, and ahead of the launch, the Bengaluru-based startup has opened up pre-bookings of its first electric scooter. The <a href="https://www.businessinsider.in/business/auto/news/simple-energy-new-electric-scooter-promises-240km-range-on-a-70-minute-charge/articleshow/84164967.cms">Simple One electric scooter</a> can be pre-booked at a price of ₹1,947, starting August 15, from 5 p.m., on the <a href="http://www.simpleenergy.in/">company’s website</a>. “Through Simple One, we hope to create a benchmark in the EV [electric vehicle] Industry. 15th August is a historic day for us too. We look forward to an electrifying year ahead,” the company’s founder and chief executive officer Suhas Rajkumar said. The Simple One, when launched, will take on the <a href="https://www.businessinsider.in/business/auto/news/ola-electric-scooter-pre-bookings-start-july-15-at-499/articleshow/84441621.cms">Ola Scooter</a> and <a href="https://www.businessinsider.in/business/auto/news/ather-450x-launched-in-india-price-features/articleshow/73693377.cms">Ather 450X</a>, its direct rivals. The Simple One and <a href="https://www.businessinsider.in/business/auto/news/ola-scooter-launch-date-set-for-august-15/articleshow/84997219.cms">Ola electric scooters</a> are scheduled to launch on August 15, while the Ather 450X is already available starting at ₹99,000, but prices vary depending on the region. How well they compete with each other remains to be seen, but here’s everything we know about the Simple One: <cmsannotation type="cmsannotation" annotationid="Simple One electric scooter – everything we know so far" comment="subhead" text="Simple One electric scooter – everything we know so far">Simple One electric scooter – everything we know so far</cmsannotation> Apart from revealing the pre-booking price and dates, Simple Energy also revealed that its electric scooter will be powered by a 4.8 kilowatt hour (kWh) lithium-ion battery, weighing over 6 kilograms. Simple Energy says that the battery can be fully charged in 70 minutes. <div type="image" title="Simple Energy e-scooter-image 3" msid="85268774" hostid="261" caption="&amp;lt;p&amp;gt;Simple One&amp;lt;/p&amp;gt;"></div> In terms of range, the company claims that the Simple One can go up to 240 kilometres on a single charge in ‘Eco mode’, but the on-road range will likely vary. Eco mode prioritises efficiency over performance, and is available in several modern motor vehicles, especially cars. It has a rated top speed of up to 100 kilometre per hour (kmph), and can go from 0-50 kmph in 3.6 seconds. Other features of the Simple One electric scooter include a touchscreen, Bluetooth connectivity, onboard navigation support, among other things. The company says Simple One’s price will be in the range of ₹1,00,000 to ₹1,20,000, suggesting there could be a few variants to choose from. The Simple One will be launched in 13 states in the first phase, with other regions expected to be added later. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/simple-energy-new-electric-scooter-promises-240km-range-on-a-70-minute-charge/articleshow/84164967.cms">This new electric scooter promises 240KM range on a 70-minute charge, could be priced under ₹1,20,000</a> <a href="https://www.businessinsider.in/business/auto/news/ola-scooter-launch-date-set-for-august-15/articleshow/84997219.cms">Ola Scooter launch date set for August 15 – here’s everything you need to know</a> <a href="https://www.businessinsider.in/business/auto/news/ola-electric-scooter-pre-bookings-start-july-15-at-499/articleshow/84441621.cms">Ola Electric kickstarts pre-bookings of its first electric scooter at ₹499</a>

Simple One electric scooter pre-bookings begin August 15 – check out the booking price, battery specs and more

<ul><li>The nascent <keyword id="4738498" type="General" weightage="20" keywordseo="ev-industry" source="Orion">EV industry</keyword> in India has seen a lot of buzz over the last year, largely due to the launch of new electric scooters and bikes.</li><li>While the government has been trying to push EV adoption via FAME subsidies, the industry believes more needs to be done.</li><li>Here’s everything that the EV industry wants from <keyword id="10547300" type="General" weightage="20" keywordseo="budget-2022" source="Orion">Budget 2022</keyword>.</li><li>Check out our <a href="https://www.businessinsider.in/bi-newsletter">weekly explainers</a> on the hottest topics and <a href="https://www.businessinsider.in/newsletters_signup.cms">sign up</a> if you like them.</li></ul> Electric vehicles (EVs) could very well be the future of transportation, but their adoption in India remains a challenge for both the companies making electric cars and scooters, and consumers who want to shift away from the regular petrol/diesel-based options. With the Budget 2022 just a few days away, Business Insider spoke to industry leaders to understand the state of adoption of EVs and what the industry needs going forward. <cmsannotation type="cmsannotation" annotationid="What the industry expects from Budget 2022 for the EV sector" comment="subhead" text="What the industry expects from Budget 2022 for the EV sector">What the industry expects from Budget 2022 for the EV sector</cmsannotation> <cmsannotation type="cmsannotation" annotationid="Tax structure rationalisation and a stable policy regime" comment="subhead" text="Tax structure rationalisation and a stable policy regime">Tax structure rationalisation and a stable policy regime</cmsannotation> “Burdened under high duties, GST [goods and services tax], cess and registration costs, we urge the government to rationalise the entire tax structure, which eventually will lead to higher volumes for the industry,” said Balbir Singh Dhillon, head of Audi India, urging the government to also come up with a stable policy regime which is essential for industries like auto which have long lead times. <div type="Article" hostid="261" msid="89119184" title="Here’s how much buying and owning an electric scooter costs in India versus a petrol scooter" mstype="2" mssubtype="0"></div> Another issue that ails the EV sector is that while the final products – that is, the electric cars, bikes and scooters – are taxed at 5%, components like battery packs are taxed at a significantly higher rate of 18%. While this not only increases the cost for the average consumer, it also leads to an invested tax structure wherein companies end up with their funds stuck in the tax system, reducing their liquidity in the process. “Due to the inverted tax structure that currently exists (where EVs are taxed at 5% and battery packs alone at 18%). Several constraints are placed on new OEMs [original equipment manufacturer] as well as the development of new models like Battery-as-a-Service,” Arun Vinayak, co-founder and chief executive officer (CEO) of Exponent Energy, told Business Insider. <cmsannotation type="cmsannotation" annotationid="Bringing down GST to make electric vehicles more lucrative" comment="subhead" text="Bringing down GST to make electric vehicles more lucrative">Bringing down GST to make electric vehicles more lucrative</cmsannotation> Making it more affordable to buy and sell used electric vehicles might be another way to boost awareness and thereby adoption of EVs, according to industry sources. CredR’s co-founder Sasidhar Nigam said “We also expect the government to reduce the GST, which is presently 18% so that there is an increased consumption in used bikes.” CredR is a portal for buying and selling used bikes. Apart from this, Nigam says that a reduction in road taxes and registration costs will also help reduce the burden on consumers. While some states like Telangana currently waive off registration charges on electric vehicles, the policy is not uniform across the country and the waiver is for a limited period or number of vehicles. <cmsannotation type="cmsannotation" annotationid="Expanding the EV charging network" comment="subhead" text="Expanding the EV charging network">Expanding the EV charging network</cmsannotation> Range anxiety remains one of the biggest challenges in adoption of EVs and industry leaders believe the government needs to step in to help alleviate this problem. One of the ways, the leaders say, is by setting up and expanding the EV charging network across the country. “Since the consumers are concerned about a general lack of charging infrastructure, the government needs to propel the sector by allocating funds to address this area of concern,” said Suhas Rajkumar, co-founder and CEO of Simple Energy. Another option worth exploring is using the existing auto industry infrastructure to double up as EV charging points. “The government should incentivise all existing auto OEMs to use their sales and distribution points, authorised service centres and manufacturing hubs as charging stations for EV vehicles,” CredR’s Nigam added. <cmsannotation type="cmsannotation" annotationid="Encouraging customer adoption via lucrative finance schemes and subsidies" comment="subhead" text="Encouraging customer adoption via lucrative finance schemes and subsidies">Encouraging customer adoption via lucrative finance schemes and subsidies</cmsannotation> Although electric vehicles can turn out to be cheaper in the long run, they are still expensive purchases even after accounting for FAME subsidies. This acts as another deterrent in their adoption. “Lucrative finance schemes and plans can add to the increased purchase power of consumers,” Nigam said. This can be done in addition to reducing the GST on components, reducing import duties, road taxes and registration charges, and offering low interest finance options. “In the interim, reducing the import duties on Li-ion cells would greatly benefit EV startups to make EVs affordable and spur consumer demand,” Exponent Energy’s Arun Vinayak said. <cmsannotation type="cmsannotation" annotationid="Subsidies for commercial sector and mandating use of EVs at tourist destinations" comment="subhead" text="Subsidies for commercial sector and mandating use of EVs at tourist destinations">Subsidies for commercial sector and mandating use of EVs at tourist destinations</cmsannotation> Lastly, the government can also push for the use of EVs in the commercial and tourism sectors, thereby reducing the carbon footprint as well as boosting EV adoption. “A strong regulatory push for electric commercial vehicles would also be a welcome move. The Union Budget may provide subsidies for using EVs for commercial and logistics purposes,” said Pushkar Singh, cofounder and CEO of LetsTransport, a last-mile logistics solutions provider. “The government can further leverage the popularity of tourist destinations by converting them into “EV Zones” and provisioning the presence of EVs for tourists travelling and exploring these popular locations,” said Sandeep Mukherjee, co-founder and CEO of B:Live, an e-bike tourism firm. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/cost-of-owning-and-running-an-electric-scooter-vs-a-petrol-scooter/articleshow/89119184.cms">Here’s how much buying and owning an electric scooter costs in India versus a petrol scooter</a> <a href="https://www.businessinsider.in/business/auto/news/this-flying-car-will-soon-make-trips-from-london-to-paris/articleshow/89110038.cms">This flying car will soon make trips from London to Paris</a> <a href="https://www.businessinsider.in/business/auto/news/tesla-india-prospects-get-a-boost-as-states-compete-with-each-other-to-invite-elon-musk-to-their-backyard/articleshow/88890951.cms">Tesla India prospects get a boost as states compete with each other to invite Elon Musk to their backyard</a>

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Boost your brand with Business Insider India

This electric scooter will have the same range as that of the Tata Nexon EV

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