Bounce To Launch Its First Consumer Electric Scooter - Bounce Infinity On 2nd December, Deliveries To Start Early Next Year

Scooter Rental Startup - Bounce, is all set to launch its first consumer electric scooter, Bounce Infinity, on 02 December 2021. Bookings for purchase begin the same day and deliveries are slated for early next year. The Bounce Infinity can be booked for INR 499.   

Bounce is going the battery swapping route with the Infinity with the ‘Battery as a service’ option, where customers will also have an option to purchase Bounce Infinity at an affordable price without the battery and use Bounce’s extensive battery-swapping network to be on the move. Customers will only have to pay for the battery swaps, whenever they exchange an empty battery with a fully-charged one from Bounce’s swapping network.

Customers will also have the option to purchase this smart electric scooter along with the battery pack. The Bounce Infinity will come with a smart, removable Li-ion battery, which customers will be able to remove and charge as per their convenience and requirement.

Bounce had acquired a 100 percent stake in 22Motors in a deal valued at about US$7 million in 2021. As part of the deal with 22Motors, Bounce acquired its manufacturing plant at Bhiwadi, Rajasthan and intellectual property. The state-of-the-art plant has a capacity to manufacture 180,000 scooters per year. 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.