Bounce launches the first electric scooter in India with swappable battery
#Bounce #ElectricScooter #VivekanandaHallekere #22Motors #SwappableBattery #BatterySwappingNetwork #BatterySwaps #Bhiwadi #EV #EMbobility #FAMEII #CleanMobility #BounceInfinityE1Only scooter in India with dual options in swappable battery – Scooter with Battery-as-a-Service and Scooter with battery and charger
December 2021: Bounce has recently unveiled its first consumer electric scooter, the Bounce Infinity E1. The Bounce Infinity E1 will be offered with a unique ‘Battery as a service’ option – the first of its kind in the Indian market. Bounce Infinity E1 scooters are FAME II eligible. Customers have the choice of acquiring the Bounce Infinity E1 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. The Bounce Infinity E1 will also be offered with the 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 kilometre distance for its customers.
Vivekananda Hallekere, CEO & 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.”
Mr. 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.”
Bounce had acquired a 100 per cent stake in 22Motors in a deal valued at about US$7 million in 2021, including its state-of-the-art manufacturing plant at Bhiwadi, Rajasthan that has an annual capacity to manufacture 180,000 scooters. Considering the potential of the Indian market, the company is planning to set up another plant in southern India. Bounce has set aside US $100 million to be invested in the EV business over the next one year.
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