Bounce, is a smart mobility solution company based in Bangalore, it has recently launched its first electric scooter the Infinity E1. The Infinity E1 is oriented toward the young consumer market and will be offered with a first of it’s kind ‘Battery as a service’ option. Indigenously built with in-house R&D, Bounce dockless scooters were first launched in Bengaluru and quickly became the desired mode of transport in the city, as well as in parts of Karnataka, Telangana and Andhra Pradesh. In its first year, Bounce facilitated 1,00,000 rides a day with a 30,000 strong scooter fleet on road. Bounce remains one of India’s fastest-growing start-ups with the proud badge of having scaled to 100K transactions in a day. Bounce’s valuation stood at a staggering 500 million USD in just 11 months from its conception.
According to the company, the scooter with battery and charger will cost Rs 68,999 and the price with Battery-as-a-Service is priced at Rs 45,099 plus subscription to Battery-as-a-Service. Customers can pre-book this EV scooter by paying a nominal amount of Rs 499 which is refundable. Bounce Infinity E1 scooters are FAME (Faster Adoption and Manufacturing of Hybrid and Electric vehicle) II eligible as well.
Bounce truly believes that India’s journey of becoming electric should be accessible and inclusive. To facilitate a speedy adoption of EVs, Bounce has built retrofit EVs by converting the existing Internal Combustion Engine (ICE). They’re currently developing a mass-scale conversion solution across multiple corporations. This is because the company believes that a complete electric eco-system that truly works for Indians is the need of the hour – and rest assured, Bounce is inching towards that goal with every passing day.