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Simple Energy to set up Rs 2,500-cr electric vehicle facility in Tamil Nadu

The EV maker's first manufacturing unit with a capacity to produce one million units a year

Topics
Electric Vehicles | Tamil Nadu | two-wheeler makers

Press Trust of India 



Electric Two-wheelers
Representative image

Electric two-wheeler maker Simple Energy on Wednesday said it will invest up to ~2,500 crore over the next five years to set up an electric vehicle manufacturing facility in . The proposed facility, spread across 600 acres, will be the company's second such production unit and is expected to be functional by 2023, the Bengaluru-based company said in a release.

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First Published: Thu, December 09 2021. 01:54 IST

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