| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | India |
| Sector | Climate |
| Collapse type | Silent Shutdown |
Simple Energy
"Simple Energy built an electric scooter with a claimed 236-kilometre range to challenge Ola Electric — and shut down in 2023 after raising 24 million dollars and finding it could not match the manufacturing scale or distribution reach of better-funded rivals."
Quiet closure with no public announcement
Key Events Timeline
Simple Energy launched the Simple One electric scooter with high range claims and strong media attention.
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