Bengaluru based mobility start-up, Bounce on Thursday launched its first product - Bounce Infinity E1, at INR 68,999 ex-showroom, Delhi.
Customers can also choose to purchase the two-wheeler with Battery-as-a-Service, which brings the price down to INR 45,099, the company said in a press release.
Offered with a comprehensive warranty of 3-years and up to 50,000 kms, the scooter can be pre-booked from today by paying a refundable amount of INR 499. The expected delivery for the scooter is March 2022.
Customers choosing for BaaS can use the Bounce battery-swapping network for battery swaps; this would bring down the running cost of the two-wheeler by as much as 40% compared to conventional scooters, claimed the company.
The company claims to have established a large battery-swapping network through key partnerships. This will benefit both its retail customers as well as its ride-sharing business.
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.”
The scooter is equipped with a waterproof IP67 rated 48V Lithium-ion battery and a BLDC motor pack that generates 83Nm torque. It boasts an 85-kilometre range on a single charge and a top speed of 65 kilometres per hour.
Bounce Infinity can accelerate from zero to 40 km/h in eight seconds. Available in five colour options, Sporty Red, Sparkle Black, Pearl White, Desat Silver and Comed Grey, the scooter features a digital speedometer, projector headlamps, geofencing, cruise control, reverse mode and many more.
Bounce has set aside $100 million to invest in the EV business over the next year. The company acquired a 100% stake in 22Motors in a deal valued at about $7 million in 2021, including its state-of-the-art manufacturing plant at Bhiwadi, Rajasthan, which has an annual capacity to manufacture 180,000 scooters.