The Bounce Infinity will soon rival the likes of the Bajaj Chetak and TVS iQube and will be available at a substantially low sticker price.
Bounce, which is a Bengaluru-based electric scooter rental start-up, has confirmed that its first electric scooter, the Infinity, will be launched in India on December 2, 2021.
The Bounce Infinity is a ‘Made In India’ product, which will give it an edge in terms of its price. Heavy localisation of the Bounce is also likely to make it an affordable proposition.
Bounce will also offer its customers an option of ‘Battery as service’ package, which will allow customers to exchange a drained battery for a completely charged one at the firm’s authorised battery-swapping network. This is likely to reduce the overall purchase cost of the scooter by roughly 30 to 40 per cent, as the owner will not have to purchase the battery with the scooter.
The bookings for the Bounce Infinity will commence on the day of the price announcement. Interested buyers can book the new electric scooter for Rs 499 and can expect its delivery to commence by January 2022.
Bounce had acquired 22Motors for $7 million, and as a part of the deal, Bounce has also received the firms’ manufacturing facility in Bhiwadi, Rajasthan. The current manufacturing capacity of the Bhiwadi facility is 1,80,000 scooters per year. Bounce is also planning to establish one more production facility in South India.
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