Simple Energy Surpasses FY2025 Revenue In October 2025, Targets 150 Touchpoints By March 2026
- By MT Bureau
- November 05, 2025
Bengaluru-based electric vehicle manufacturer Simple Energy has announced that it has surpassed its FY2025 revenue by over 125 percent as of October 2025.
The growth was driven by its sales and expanding national presence. Last month, the company reported 1,050 unit sales, marking its highest monthly sales yet.
To meet customer demand, Simple Energy has increased production by 40 percent at its manufacturing facility in Hosur, Tamil Nadu.
The company is executing an all-India expansion plan, aiming to establish 150 retail stores and service centres by March 2026. Supporting this growth, the marketing team has been expanded to over 40 professionals.
The company's two-wheelers, the Simple ONE Gen 1.5 and the Simple OneS, were launched in January 2025. Both scooters offer IDC ranges of 248 km and 181 km, respectively and have gained traction due to customer feedback on performance, range and design.
Simple Energy has a retail presence with 61 outlets in major cities and plans to enter new markets such as Delhi, Bhopal and Patna in the coming months.
In September 2025, the EV maker claimed it became the country’s first original equipment manufacturer (OEM) to commercially manufacture heavy rare-earth-free motors. The new motor line delivers performance and torque while eliminating dependence on heavy rare-earth elements.
Suhas Rajkumar, Founder and CEO, Simple Energy, said, “Surpassing last year’s revenue by over 125 percent in just seven months and crossing the 1,000-unit sales mark reflects the strong trust customers have placed in Simple Energy. Every milestone – from scaling production and expanding our team to broadening our store and service centre footprint – is part of a deliberate plan to strengthen the company and serve our customers better. As we move toward 150 stores and service centres by March 2026, we remain focused on driving growth through innovation, accessibility and trust.”
Also read: Simple Energy Eyes INR 8 Billion Revenue For FY2026, Targets $350 Million IPO By FY2027
GreenLine To Deploy LNG Fleet For Dabur India’s Logistics Operations
- By MT Bureau
- July 22, 2026
GreenLine Mobility Solutions Ltd., an Essar venture and the sole Indian operator of LNG and electric-powered heavy commercial trucks for green logistics, has entered into a partnership with Dabur India Ltd., a major FMCG player. The agreement focuses on integrating LNG-powered trucks into Dabur’s logistics network to advance supply chain sustainability.
GreenLine will supply its LNG fleet to handle long-haul freight for Dabur, aiming to cut emissions significantly without compromising on performance or dependability. This move aligns with Dabur’s internal goals for a lower-carbon operational framework and reflects a wider corporate trend in India toward embracing cleaner transport alternatives.
Currently, GreenLine manages over 1,000 LNG and electric vehicles on key freight routes, serving diverse sectors such as steel, cement, mining, FMCG and chemicals. The fleet has surpassed 100 million kilometres in cumulative travel, resulting in more than 27,000 tonnes of CO₂ reductions for its clients, reinforcing the company’s role in reshaping India’s road freight landscape.
Charles Devlin D’Costa, Vice President – Sales, GreenLine Mobility Solutions Ltd, said, "We are pleased to partner with Dabur India, one of India's most respected consumer goods companies, as it adopts greener road transportation solutions. It is encouraging to see more leading Indian companies making low-emission logistics an integral part of their business strategy. Every such partnership strengthens the momentum towards cleaner freight mobility, bringing us a step closer to transforming India's road logistics ecosystem. At GreenLine, we remain committed to enabling businesses across sectors to accelerate the transition to lower-emission transportation."
Samrat Sehgal, Global Director of Supply Chain, Dabur India, said, "Reducing the environmental footprint of our supply chain is an important part of Dabur India's sustainability roadmap. Our partnership with GreenLine enables us to integrate lower-emission transportation into our logistics operations while maintaining efficiency and reliability. We believe collaborations like these will play a key role in building a more sustainable and future-ready supply chain."
Euler Motors Partners Green Drive Mobility For Electrifying Logistic Services
- By MT Bureau
- July 22, 2026
Euler Motors has announced a collaboration with Green Drive Mobility to deploy four-wheeler electric cargo vehicles across mid-mile and last-mile operations. The partnership has deployed approximately 50 units, with plans to reach 500 units during the financial year across Delhi, Bengaluru, Mumbai, Chennai and Hyderabad.
The deployment features Euler’s Storm LR and TURBO EV 1000 models, targeting a total of 1,000 electric cargo vehicles by 2028.
Vani Rikhy Mehra, VP – Sales, Euler Motors, said, “Our collaboration with Green Drive Mobility marks an important step in expanding the role of electric commercial vehicles in India’s logistics ecosystem. Green Drive Mobility is one of the country’s most respected multi-stack EV fleet operators, and we are pleased to support their growth journey with Euler’s purpose-built electric cargo vehicles. Their disciplined approach to fleet expansion and their diverse enterprise customer base align closely with Euler’s commitment to building products and a service ecosystem that enable fleet operators to transition to electric with confidence – improving uptime, lowering operating costs, and reducing emissions at scale.”
Sagar Subramani, COO, Green Drive Mobility, added, “Our collaboration with Euler Motors reinforces our strategy of building a reliable, scalable, and technology-led electric logistics platform powered by the best vehicles from leading OEMs. Euler’s products bring strong payload performance and proven reliability, and their API-led approach fits seamlessly into our operations. As demand for sustainable logistics continues to grow across sectors, this collaboration will help us deliver consistent uptime and operational efficiency to our enterprise customers, while accelerating the shift to zero-emission mobility across India.”
Simple Energy To Launch Its First Family E-Scooter On September 2
- By MT Bureau
- July 22, 2026
Bengaluru-based electric two-wheeler maker Simple Energy is set to unveil its first family e-scooter on 2 September 2026, entering the country's mass-market segment.
The mass-market EV is set to follow the Simple One and the Simple Ultra models.
Simple Energy states that the in-house developed new model is part of its robust R&D capabilities spanning proprietary software, technologies and advanced engineering solutions.
The company is said to be the first Indian OEM to commercially manufacture heavy rare-earth-free electric motors.
Billion Electric Mobility Partners J K Cement For Electric Truck Deployment
- By MT Bureau
- July 22, 2026
Billion Electric Mobility has announced a partnership with J K Cement to deploy over 150 heavy-duty electric trucks during the financial year. The project has commenced with the deployment of 20 electric trucks from J K Cement's Muddapur plant in Karnataka, transporting cement to stockyards in Karnataka, Maharashtra and Goa.
At present, Billion Electric provides an electric freight platform that includes vehicles, charging infrastructure, fleet operations and route management. ChargeZone's charging network supports operations across corridors in Karnataka, Maharashtra and Goa, with locations including Nipani, Satara, Pune, Karad, Ratnagiri, Sindhudurg, Goa, Hubli and Davanagere.
Sanjeev Kulkarni, CEO, Billion Electric Mobility, said, "The decarbonisation of India's freight sector will be driven by enterprises that are willing to lead from the front. J K Cement's commitment demonstrates that heavy-duty electric mobility is no longer a future aspiration but a commercially viable reality. Through Billion Electric's integrated eMaaS platform, supported by ChargeZone's expanding high-speed charging network, we are enabling businesses to transition to electric freight with confidence while building the infrastructure backbone needed to scale zero-emission logistics across the country."

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