B D NarayankarBengaluru, Jan. 5 -- Veteran investor and mentor Dr Arokiaswamy Velumani has projected that Simple Energy, an emerging Indian electric vehicle (EV) company, is on track to become India's leading EV brand by 2030, describing it as a "true native India product" in the budget EV segment.

"Looking ahead, I always think positive. Simple Energy will be the number one brand in this country by year 2030," he told UNI at the Simple Energy's launch event 'Ride Untamed' here on Monday.

Velumani underscored the importance of having a clear vision, a dedicated team, and supportive investors. "What is easy to do is not always right; what is right is often not easy. They have chosen the right path and will take their time, invest wisely, a...