So, if a company A is giving you 80 km range and 50 km top speed and charges you Rs 120,000, that is unviable. In an exclusive interaction with Moneycontrol, Suhas Rajkumar, Founder and CEO, Simple Energy, said: “For us, affordability is value rather than offering a scooter priced below Rs 1 lakh. The Bengaluru-based Electric Two-Wheeler (E2W) startup, which recently launched Simple One, at a price of Rs 1.45 lakh (ex-showroom), is gearing up to launch a couple of additional electric scooters and an e-motorcycle in the medium term. At a time when numerous Electric Vehicle (EV) startups are planning to crack the sub- Rs 1 lakh electric two-wheeler (E2W) market, Simple Energy says it will not be coming up with any battery-run scooters that is priced below Rs 1 lakh.
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