BOUNCE INTRODUCES A NEW ELECTRIC SCOOTER WITH SWAPPABLE BATTERY

Bounce, India’s first smart mobility solution company, reinforced its commitment to support India’s EV potential by unveiling its first consumer electric scooter, the Bounce Infinity E1 on Thursday. The Bounce Infinity E1 will be offered with a unique ‘Battery as a service’ option – the first of its kind in the Indian market.

The scooter with battery and charger is INR 68,999 (Delhi Ex-showroom) and the price for Scooters with Battery-as-a-Service is priced at INR 45,099 (Delhi Ex-Showroom) plus subscription to Battery-as-a-Service. Customers can pre-book this smart scooter by paying a minimal amount of INR 499 which is totally refundable. Bounce Infinity E1 scooters are FAME II eligible. Here, customers have the choice of acquiring the Bounce Infinity E1 at a highly affordable price without the battery and use Bounce’s battery swapping network instead. Customers pay for battery swaps, whenever they swap an empty battery with a fully-charged one from Bounce’s extensive swapping network. This pushes the running costs of the scooter down substantially, by as much as 40 percent compared to conventional scooters. The Bounce Infinity E1 will also be offered with a battery, which can be removed from the scooter and charged by customers at their home or office or wherever convenient.

Bounce has been setting up a wide battery-swapping network through prominent partnerships, which will serve both its retail customers and its successful ride-sharing business. The ambition is to build the world’s largest and densest battery swapping platform to support India’s transition to clean mobility, and offer a swapping facility within one-kilometer distance for its customers.

Mr. Vivekananda Hallekere, CEO and Co-founder, Bounce said, “I strongly believe in the potential of electric vehicles in India – it is with this vision that we launched our in-house EV mobility solutions in June 2019. Today, we are building on our success, and to facilitate faster adoption of EVs, Bounce has taken a step ahead to develop the Infinity E1. We are committed to taking on all challenges to make India a leading EV adopter globally.”

Hallekere further added, “The Bounce Infinity E1 is designed and engineered to cater to the evolving needs of electric scooter customers in India. Our advanced ‘Made in India’ scooter will come equipped with enhanced state-of-the-art equipment and intelligent features. We are glad to announce that we are the first and only ones to provide both options – to swap batteries from our network as well as charge-at-home – for the Infinity E1.”

The Bounce Infinity E1 comes in five exciting colour options: Sporty Red, Sparkle Black, Pearl White, Desat Silver and Comed Grey. Pre-bookings started on Thursday, with deliveries slated for March 2022 through its dealership network and its online platform, for seamless deliveries across India. It will come equipped with a comprehensive warranty of 3 years, up to 50,000 kms.

Design: The Bounce Infinity E1 achieves elegance and simplicity while ensuring maximum performance. Convenience and safety have been kept in mind while delivering a thrilling ride for the commuter.

With a strong desire and determination to address the need to bring ease of commuting to people across many categories like small businesses, college students, office-goers, etc., Bounce was launched in 2018. A blend of advanced digital solutions with a seamless operations network on the ground helped Bounce become India’s largest smart mobility solution.