Scooter rental service Bounce to launch its electric scooter, deliveries starts in January 2022
Scooter rental service Bounce has announced its entry into the electric scooter market in India. Bounce plans to launch first electric scooter in India in this month. The Bengaluru based start-up Bounce will begin the deliveries of the scooter in January 2022.
The best part of the Bounce electric scooter is that it will feature a swappable battery. Users have to drive their Bounce electric scooter to the battery swapping stations and change the batteries. The manufacturing of the batteries as well as the battery management system will be done in India, said Bounce. The company further stated that the cells in the battery pack will be imported mostly from Panasonic and LG Chem. The batteries can be rented by the customers, instead of purchasing it with the scooter. On exhausting the charge of the battery, customers will have to replace it at battery swapping stations. This will bring down the final price of the electric scooter.
If you are wondering how the company is planning to enter the electric vehicle market, you will be surprised to know that it acquired 22Motors in the recent future. The acquisition by Bounce took place a month ago at an approximate value of Rs 52 crores (USD 7 million). Hence, Bounce has acquired manufacturing plant at Bhiwadi, Rajasthan which has an annual manufacturing capacity of 1, 20,000. The company further plans to set-up a manufacturing plant in the Southern India.
Bounce offers daily, weekly, monthly, annually rental plans to cater the needs of its customers. The prices of subscription per day start as low as Rs 300. The bike rental service of Bounce is available in cities like Bangalore, Hyderabad, Mysore, Vadodara, Vijayawada, Jaipur etc.
Post its launch the Bounce electric scooter will compete with the likes of Ola Electric, Ather Energy, Hero Electric and several other brands selling electric bikes.