SynopsisThe Bengaluru-based company, which started out with the performance-focused Simple One, is now betting on the family scooter segment to drive its next phase of growth. Rajkumar said the company expects to capture 6-7% of the market in the next six to 12 months before targeting 20% within 24 months.Electric two-wheeler maker Simple Energy is targeting 20% market share within the next two years as it makes an aggressive push into the mass market with its new family scooter, Simple Wave. The company plans to ramp monthly production to 10,000-12,000 units by March 2027, founder and CEO Suhas Rajkumar told ET.The Bengaluru-based company, which started out with the performance-focused Simple One, is now betting on the family scooter segment toNow Playing
Simple Energy targets 20% of EV market, plans 10,000-12,000 monthly output - The Economic Times
The Bengaluru-based company, which started out with the performance-focused Simple One, is now betting on the family scooter segment to drive its next phase of growth. Rajkumar said the company expects to capture 6-7% of the market in the next six to 12 months before targeting 20% within 24 months.
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