Get the Tata Capital App to apply for Loans & manage your account. Download Now


Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Tata Capital > Blog > Loan for Vehicle > Simple One Electric Scooter: Top 5 Things You Must Know

Loan for Vehicle

Simple One Electric Scooter: Top 5 Things You Must Know

Simple One Electric Scooter: Top 5 Things You Must Know

When the Bangalore-based startup Simple Energy launched Simple One on August 15th, they started a frenzy among the bike enthusiasts. Branded as "India's first premium affordable EV", the scooter received over 30,000 pre-bookings on the first day alone!

So, what is the madness all about? Should you buy the EV too? Here are the top five things you need to know about the Simple One electric scooter.

1. Futuristic looks

Simple One’s design is futuristic, finished with clean angles and tapered edges. With LED pilot lamps, a triangular LED headlamp, LED indicators and taillights, and an LED DRL, your vehicle is sure to stand apart from the crowd, even in the dark.

Its models also come in four different shades, with a raised tail section that screams premium, along with reflective mirror details and a sporty pillion grab handle.

2. Sturdy build

Simple One's body was designed for comfort. It has a heavy body, weighing around 110 kg, with a low 775 mm seat, making it the perfect companion for long rides. Besides, the scooter has different tire variants, combined with stopping capacity powered by a 200 mm disc in the front and a 190 mm one at the rear, and regenerative braking, for minimal highway skids.

Additional Read: Things to Look at While Choosing an Electric Vehicle

3. Powerful internals

Equipped with a 4.8 kW motor that churns out an 8.5 kW, 72Nm output, the performance of the Simple One is powerful, to say the least. That means it can go from 0 to a peak speed of 40 kmph in just 2.95 seconds, making it the fastest scooter in the market right now. It also comes with a 7 kg removable and quickly rechargeable battery to juice it up further. At the same time, its four driving modes – Eco, Dash, Ride and Sonic, offer different riding ranges for a superb performance.

These features alone should make Simple One your go-to choice, so start saving up on funds today! You can also apply for a two-wheeler loan to reduce your financial stress.

4. Intuitive features

Simple One's 7-inch TFT display with Bluetooth and smartphone connectivity ensures that you always stay in touch while you’re on the road. The vehicle also has geo-fencing capabilities, vehicle tracking, a tyre pressure monitoring system, and regular OTA updates to make the driving experience extra smooth. Simply put, it is worth every buck you spend servicing the bike loan interest rate.

5. Affordable pricing

The Simple One’s retail price starts at Rs. 1,09,999 (ex-showroom), considering FAME-II subsidies. This sits a little lower than its competitors-the Ather 450X and the Ola S1 Pro priced at Rs. 1,22,000 and Rs. 1,10,000 respectively.

Additional Read: Upcoming Electric Bikes to Look Out For In 2021

Your turn

Need help financing your own Simple One? Opt for a bike loan from Tata Capital. With benefits like longer loan tenures, competitive two-wheeler loan interest rates, and quick loan processing, you can book the scooter without any wait.

So, why wait? Head to our website and use the bike loan EMI calculator to plan your loan today.

Leave a Reply

Your email address will not be published. Required fields are marked *